Invesco S&P 500 Top 50 ETF $XLG Shares Purchased by XY Planning Network Inc.

XY Planning Network Inc. grew its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 163.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,005 shares of the company’s stock after buying an additional 8,074 shares during the quarter. XY Planning Network Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $827,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in XLG. Johnson Financial Group Inc. boosted its position in shares of Invesco S&P 500 Top 50 ETF by 2.7% during the 1st quarter. Johnson Financial Group Inc. now owns 2,071,676 shares of the company’s stock worth $113,010,000 after acquiring an additional 53,884 shares in the last quarter. Lido Advisors LLC increased its stake in Invesco S&P 500 Top 50 ETF by 6.2% in the first quarter. Lido Advisors LLC now owns 1,327,458 shares of the company’s stock valued at $72,413,000 after acquiring an additional 77,171 shares during the last quarter. Bogart Wealth LLC raised its position in Invesco S&P 500 Top 50 ETF by 2.3% during the first quarter. Bogart Wealth LLC now owns 1,099,124 shares of the company’s stock valued at $59,957,000 after purchasing an additional 24,787 shares in the last quarter. Kestra Advisory Services LLC raised its position in Invesco S&P 500 Top 50 ETF by 3.2% during the first quarter. Kestra Advisory Services LLC now owns 485,942 shares of the company’s stock valued at $26,508,000 after purchasing an additional 14,987 shares in the last quarter. Finally, Polaris Financial Partners acquired a new position in Invesco S&P 500 Top 50 ETF during the third quarter valued at approximately $21,423,000.

Invesco S&P 500 Top 50 ETF Price Performance

NYSEARCA XLG opened at $63.96 on Thursday. The business has a fifty day moving average price of $63.24 and a two-hundred day moving average price of $61.64. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $52.60 and a fifty-two week high of $65.26. The stock has a market capitalization of $11.86 billion, a PE ratio of 27.80 and a beta of 1.06.

Invesco S&P 500 Top 50 ETF Company Profile

Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) is an exchange-traded fund managed by Invesco Ltd. The fund seeks to provide investment results that generally correspond to the performance of the S&P 500 Top 50 Index, which is designed to track the 50 largest companies in the S&P 500 Index.

XLG provides focused exposure to large-cap U.S. equities across a range of industries, including information technology, consumer, health care, financial services and communications. Its holdings are generally weighted according to the methodology of the underlying index, giving investors access to many of the largest publicly traded companies in the United States through a single fund.

The fund began operations in 2005 and is listed on NYSE Arca.