Marks Group Wealth Management Inc Makes New $777,000 Investment in Invesco S&P 500 Top 50 ETF $XLG

Marks Group Wealth Management Inc bought a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 13,099 shares of the company’s stock, valued at approximately $777,000.

A number of other large investors have also modified their holdings of the business. Jane Street Group LLC boosted its position in Invesco S&P 500 Top 50 ETF by 444.6% in the first quarter. Jane Street Group LLC now owns 182,870 shares of the company’s stock valued at $8,416,000 after buying an additional 149,290 shares during the last quarter. Russell Investments Group Ltd. boosted its position in Invesco S&P 500 Top 50 ETF by 151.8% in the second quarter. Russell Investments Group Ltd. now owns 1,536 shares of the company’s stock valued at $80,000 after buying an additional 926 shares during the last quarter. Marshall Wace LLP purchased a new stake in Invesco S&P 500 Top 50 ETF in the second quarter valued at approximately $7,118,000. Qube Research & Technologies Ltd boosted its position in Invesco S&P 500 Top 50 ETF by 230.7% in the second quarter. Qube Research & Technologies Ltd now owns 9,629 shares of the company’s stock valued at $502,000 after buying an additional 6,717 shares during the last quarter. Finally, Main Street Financial Solutions LLC boosted its position in Invesco S&P 500 Top 50 ETF by 98.2% in the second quarter. Main Street Financial Solutions LLC now owns 13,896 shares of the company’s stock valued at $724,000 after buying an additional 6,886 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Down 0.9%

Shares of NYSEARCA XLG opened at $61.71 on Wednesday. The business’s 50 day moving average price is $60.72 and its 200 day moving average price is $59.04. The firm has a market cap of $10.87 billion, a P/E ratio of 27.80 and a beta of 1.05. Invesco S&P 500 Top 50 ETF has a 52 week low of $49.68 and a 52 week high of $64.77.

Invesco S&P 500 Top 50 ETF Company Profile

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.