Polaris Financial Partners Acquires 333,977 Shares of Invesco S&P 500 Top 50 ETF $XLG

Polaris Financial Partners bought a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 333,977 shares of the company’s stock, valued at approximately $21,423,000. Invesco S&P 500 Top 50 ETF makes up 9.9% of Polaris Financial Partners’ investment portfolio, making the stock its 2nd biggest holding. Polaris Financial Partners owned approximately 0.18% of Invesco S&P 500 Top 50 ETF at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Compass Capital Corp MA ADV raised its stake in shares of Invesco S&P 500 Top 50 ETF by 5.1% during the 4th quarter. Compass Capital Corp MA ADV now owns 3,877 shares of the company’s stock worth $227,000 after buying an additional 188 shares during the last quarter. Key Client Fiduciary Advisors LLC grew its stake in 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 acquiring an additional 205 shares during the last quarter. Insight Advisors LLC PA grew its stake in Invesco S&P 500 Top 50 ETF by 2.3% in the 4th quarter. Insight Advisors LLC PA now owns 10,950 shares of the company’s stock valued at $649,000 after acquiring an additional 251 shares during the last quarter. Team Financial Group LLC increased its holdings in Invesco S&P 500 Top 50 ETF by 22.8% during the 1st quarter. Team Financial Group LLC now owns 1,389 shares of the company’s stock valued at $76,000 after acquiring an additional 258 shares in the last quarter. Finally, Investors Research Corp increased its holdings in Invesco S&P 500 Top 50 ETF by 3.2% during the 2nd quarter. Investors Research Corp now owns 11,037 shares of the company’s stock valued at $676,000 after acquiring an additional 339 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

XLG traded up $0.63 during midday trading on Friday, reaching $64.25. 737,339 shares of the company’s stock were exchanged, compared to its average volume of 2,542,703. Invesco S&P 500 Top 50 ETF has a 1-year low of $52.60 and a 1-year high of $64.77. The stock has a market capitalization of $11.83 billion, a PE ratio of 27.80 and a beta of 1.06. The business’s 50-day moving average price is $62.54 and its 200 day moving average price is $61.04.

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.