RDA Financial Network Buys 12,990 Shares of Invesco S&P 500 Top 50 ETF $XLG

RDA Financial Network raised its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 54.7% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 36,742 shares of the company’s stock after buying an additional 12,990 shares during the period. RDA Financial Network’s holdings in Invesco S&P 500 Top 50 ETF were worth $2,113,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Cullen Frost Bankers Inc. lifted its stake in shares of Invesco S&P 500 Top 50 ETF by 0.8% during the second quarter. Cullen Frost Bankers Inc. now owns 22,335 shares of the company’s stock valued at $1,164,000 after acquiring an additional 188 shares during the period. Balboa Wealth Partners increased its position in Invesco S&P 500 Top 50 ETF by 2.2% in the second quarter. Balboa Wealth Partners now owns 9,660 shares of the company’s stock worth $503,000 after purchasing an additional 210 shares during the period. Smith Salley Wealth Management increased its position in Invesco S&P 500 Top 50 ETF by 2.9% in the second quarter. Smith Salley Wealth Management now owns 7,555 shares of the company’s stock worth $394,000 after purchasing an additional 215 shares during the period. Pacific Sun Financial Corp raised its holdings in Invesco S&P 500 Top 50 ETF by 3.2% during the 2nd quarter. Pacific Sun Financial Corp now owns 6,839 shares of the company’s stock worth $356,000 after purchasing an additional 215 shares during the last quarter. Finally, Concord Wealth Partners lifted its position in Invesco S&P 500 Top 50 ETF by 13.3% during the 2nd quarter. Concord Wealth Partners now owns 1,853 shares of the company’s stock valued at $97,000 after purchasing an additional 217 shares during the period.

Invesco S&P 500 Top 50 ETF Trading Down 1.4%

Shares of NYSEARCA XLG opened at $57.93 on Thursday. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.50 and a 1 year high of $60.63. The firm’s 50-day moving average is $58.78 and its 200-day moving average is $55.62. The firm has a market capitalization of $11.14 billion, a PE ratio of 27.80 and a beta of 1.03.

About Invesco S&P 500 Top 50 ETF

Guggenheim Russell Top 50 Mega Cap ETF (the Fund), formerly Rydex Russell Top 50 ETF, seeks to replicate as closely as possible the performance of the Russell Top 50 Index (the Index). The Index is an unmanaged capitalization-weighted index consisting of the 50 largest companies in the Russell 3000 Index.