Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Get Free Report) hit a new 52-week high on Monday. The company traded as high as $65.30 and last traded at $64.8170, with a volume of 1,381 shares trading hands. The stock had previously closed at $64.83.
Invesco S&P 500 Top 50 ETF Stock Up 0.0%
The stock has a market capitalization of $12.01 billion, a price-to-earnings ratio of 27.80 and a beta of 1.06. The firm has a 50-day moving average of $63.22 and a two-hundred day moving average of $61.57.
Institutional Investors Weigh In On Invesco S&P 500 Top 50 ETF
A number of institutional investors have recently bought and sold shares of XLG. Signal Advisors Wealth LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 38.4% in the 3rd quarter. Signal Advisors Wealth LLC now owns 56,145 shares of the company’s stock valued at $3,571,000 after purchasing an additional 15,573 shares during the period. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the third quarter worth approximately $297,000. Forvis Mazars Wealth Advisors LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the third quarter worth approximately $884,000. Eclectic Associates Inc. ADV acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the third quarter worth approximately $232,000. Finally, First Heartland Consultants Inc. purchased a new position in Invesco S&P 500 Top 50 ETF during the third quarter valued at approximately $818,000.
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.
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