Investors Research Corp Grows Holdings in Invesco S&P 500 Top 50 ETF $XLG

Investors Research Corp lifted its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 129.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,517 shares of the company’s stock after buying an additional 13,819 shares during the quarter. Investors Research Corp’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,537,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Great Diamond Partners LLC increased its stake in shares of Invesco S&P 500 Top 50 ETF by 1.0% in the fourth quarter. Great Diamond Partners LLC now owns 18,199 shares of the company’s stock worth $1,079,000 after buying an additional 175 shares during the last quarter. Horizon Wealth Management LLC grew its holdings in Invesco S&P 500 Top 50 ETF by 1.0% during the 4th quarter. Horizon Wealth Management LLC now owns 19,032 shares of the company’s stock worth $1,128,000 after acquiring an additional 180 shares in the last quarter. Compass Capital Corp MA ADV increased its position in shares of Invesco S&P 500 Top 50 ETF by 5.1% in the 4th quarter. Compass Capital Corp MA ADV now owns 3,877 shares of the company’s stock worth $227,000 after purchasing an additional 188 shares during the last quarter. Sequoia Financial Advisors LLC increased its position in shares of Invesco S&P 500 Top 50 ETF by 0.9% in the 4th quarter. Sequoia Financial Advisors LLC now owns 23,191 shares of the company’s stock worth $1,375,000 after purchasing an additional 203 shares during the last quarter. Finally, Key Client Fiduciary Advisors LLC raised its stake in shares of Invesco S&P 500 Top 50 ETF by 1.5% in the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 13,549 shares of the company’s stock valued at $830,000 after purchasing an additional 205 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of Invesco S&P 500 Top 50 ETF stock opened at $62.13 on Wednesday. Invesco S&P 500 Top 50 ETF has a 1 year low of $52.60 and a 1 year high of $64.77. The firm’s 50-day simple moving average is $61.53 and its 200-day simple moving average is $60.09. The firm has a market cap of $10.84 billion, a PE ratio of 27.80 and a beta of 1.06.

Invesco S&P 500 Top 50 ETF 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.