Johnson Financial Group Inc. Grows Stock Position in Invesco S&P 500 Top 50 ETF $XLG

Johnson Financial Group Inc. boosted its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 17.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,045,865 shares of the company’s stock after buying an additional 304,958 shares during the period. Invesco S&P 500 Top 50 ETF accounts for 4.4% of Johnson Financial Group Inc.’s portfolio, making the stock its 4th biggest holding. Johnson Financial Group Inc. owned about 1.06% of Invesco S&P 500 Top 50 ETF worth $117,678,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of XLG. Belpointe Asset Management LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 284.4% during the third quarter. Belpointe Asset Management LLC now owns 20,364 shares of the company’s stock worth $1,171,000 after buying an additional 15,067 shares during the last quarter. Aspire Capital Advisors LLC raised its holdings in Invesco S&P 500 Top 50 ETF by 55.1% in the 3rd quarter. Aspire Capital Advisors LLC now owns 133,700 shares of the company’s stock worth $7,690,000 after acquiring an additional 47,513 shares during the last quarter. Fortis Capital Advisors LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the 3rd quarter valued at about $869,000. Retirement Planning Group LLC NY bought a new position in Invesco S&P 500 Top 50 ETF during the third quarter worth $533,000. Finally, Cannon Advisors Inc. grew its stake in Invesco S&P 500 Top 50 ETF by 40.4% during the third quarter. Cannon Advisors Inc. now owns 29,829 shares of the company’s stock worth $1,732,000 after buying an additional 8,584 shares during the last quarter.

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

XLG opened at $56.37 on Friday. The firm’s 50 day simple moving average is $58.13 and its two-hundred day simple moving average is $58.09. The company has a market capitalization of $10.96 billion, a PE ratio of 27.80 and a beta of 1.03. Invesco S&P 500 Top 50 ETF has a 1-year low of $39.50 and a 1-year high of $60.63.

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.