Carson Advisory Inc. Buys 923 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Carson Advisory Inc. increased its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 5.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,932 shares of the company’s stock after acquiring an additional 923 shares during the quarter. Carson Advisory Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $805,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of XLG. Pineridge Advisors LLC bought a new position in shares of Invesco S&P 500 Top 50 ETF during the second quarter worth $42,000. Concord Wealth Partners bought a new position in Invesco S&P 500 Top 50 ETF during the third quarter worth about $47,000. International Assets Investment Management LLC acquired a new position in Invesco S&P 500 Top 50 ETF in the second quarter valued at about $73,000. First Personal Financial Services bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the second quarter worth about $97,000. Finally, Centennial Bank AR acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the second quarter worth about $101,000.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of XLG opened at $49.82 on Friday. The stock has a 50 day simple moving average of $47.32 and a 200 day simple moving average of $45.55. Invesco S&P 500 Top 50 ETF has a 52-week low of $35.01 and a 52-week high of $49.92. The firm has a market capitalization of $4.86 billion, a PE ratio of 2.92 and a beta of 1.08.

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.