Global Retirement Partners LLC Buys 45,567 Shares of Invesco S&P 500 Top 50 ETF $XLG

Global Retirement Partners LLC lifted its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 13.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 376,592 shares of the company’s stock after buying an additional 45,567 shares during the period. Global Retirement Partners LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $21,662,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. NewEdge Advisors LLC grew its position in Invesco S&P 500 Top 50 ETF by 28.5% during the 1st quarter. NewEdge Advisors LLC now owns 165,679 shares of the company’s stock worth $7,625,000 after acquiring an additional 36,739 shares during the last quarter. Ashton Thomas Private Wealth LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 95.6% during the first quarter. Ashton Thomas Private Wealth LLC now owns 56,416 shares of the company’s stock valued at $2,596,000 after purchasing an additional 27,570 shares in the last quarter. Semmax Financial Advisors Inc. bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the first quarter worth about $337,000. Prostatis Group LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 233.7% during the first quarter. Prostatis Group LLC now owns 60,480 shares of the company’s stock worth $2,783,000 after purchasing an additional 42,357 shares during the last quarter. Finally, Game Plan Financial Advisors LLC increased its stake in shares of Invesco S&P 500 Top 50 ETF by 3.6% in the first quarter. Game Plan Financial Advisors LLC now owns 8,590 shares of the company’s stock valued at $395,000 after buying an additional 300 shares during the period.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of NYSEARCA XLG opened at $59.07 on Friday. The company has a 50 day simple moving average of $59.21 and a 200 day simple moving average of $56.40. 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 has a market cap of $11.36 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. The Russell 3000 Index is an unmanaged capitalization-weighted index that offers investors access to the United States equity universe representing approximately 98% of the United States equity market.