Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Stake Lifted by Keystone Wealth Services LLC

Keystone Wealth Services LLC increased its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 5.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,023 shares of the company’s stock after acquiring an additional 2,457 shares during the period. Keystone Wealth Services LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $2,235,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Pineridge Advisors LLC purchased a new stake in Invesco S&P 500 Top 50 ETF in the 2nd quarter worth approximately $42,000. International Assets Investment Management LLC bought a new position in shares of Invesco S&P 500 Top 50 ETF during the 2nd quarter worth about $73,000. VitalStone Financial LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 21.7% during the 1st quarter. VitalStone Financial LLC now owns 1,789 shares of the company’s stock worth $75,000 after acquiring an additional 319 shares during the period. Hazlett Burt & Watson Inc. lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 412.2% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 1,926 shares of the company’s stock worth $81,000 after acquiring an additional 1,550 shares during the period. Finally, First Personal Financial Services bought a new position in Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at about $97,000.

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

XLG stock traded down $0.44 during trading on Tuesday, hitting $47.97. 964,817 shares of the stock traded hands, compared to its average volume of 1,433,537. Invesco S&P 500 Top 50 ETF has a one year low of $32.74 and a one year high of $48.51. The stock has a market cap of $4.68 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. The company has a 50 day simple moving average of $46.24 and a 200 day simple moving average of $44.68.

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.