Thoroughbred Financial Services LLC Grows Stake in Invesco S&P 500 Top 50 ETF $XLG

Thoroughbred Financial Services LLC lifted its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 9.8% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 205,360 shares of the company’s stock after purchasing an additional 18,285 shares during the period. Invesco S&P 500 Top 50 ETF comprises 0.7% of Thoroughbred Financial Services LLC’s holdings, making the stock its 28th biggest position. Thoroughbred Financial Services LLC owned 0.11% of Invesco S&P 500 Top 50 ETF worth $11,812,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its holdings in Invesco S&P 500 Top 50 ETF by 53.6% in the third quarter. JPMorgan Chase & Co. now owns 3,786,602 shares of the company’s stock worth $217,805,000 after acquiring an additional 1,321,856 shares in the last quarter. Soundwatch Capital LLC purchased a new stake in Invesco S&P 500 Top 50 ETF during the second quarter worth $1,790,000. Raymond James Financial Inc. lifted its position in shares of Invesco S&P 500 Top 50 ETF by 25.8% during the 2nd quarter. Raymond James Financial Inc. now owns 2,867,532 shares of the company’s stock valued at $149,398,000 after buying an additional 588,257 shares in the last quarter. Principle Wealth Partners LLC increased its holdings in Invesco S&P 500 Top 50 ETF by 2.2% in the 3rd quarter. Principle Wealth Partners LLC now owns 2,741,301 shares of the company’s stock worth $157,680,000 after acquiring an additional 59,078 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in Invesco S&P 500 Top 50 ETF by 0.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,470,451 shares of the company’s stock worth $142,100,000 after acquiring an additional 6,376 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 0.7%

XLG opened at $57.53 on Wednesday. The company has a market cap of $11.19 billion, a PE ratio of 27.80 and a beta of 1.03. Invesco S&P 500 Top 50 ETF has a twelve month low of $39.50 and a twelve month high of $60.63. The company has a 50-day moving average price of $58.66 and a 200 day moving average price of $57.94.

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.