Clear Creek Financial Management LLC Takes $1.95 Million Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Clear Creek Financial Management LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 39,068 shares of the company’s stock, valued at approximately $1,952,000.

A number of other institutional investors have also recently added to or reduced their stakes in XLG. SteelPeak Wealth LLC increased its position in shares of Invesco S&P 500 Top 50 ETF by 1.8% during the third quarter. SteelPeak Wealth LLC now owns 12,511 shares of the company’s stock worth $595,000 after acquiring an additional 221 shares during the last quarter. VitalStone Financial LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 10.7% in the 3rd quarter. VitalStone Financial LLC now owns 2,691 shares of the company’s stock valued at $128,000 after purchasing an additional 260 shares in the last quarter. Valley Brook Capital Group Inc. boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 5.5% during the 3rd quarter. Valley Brook Capital Group Inc. now owns 5,505 shares of the company’s stock valued at $262,000 after buying an additional 285 shares during the last quarter. First Heartland Consultants Inc. grew its position in shares of Invesco S&P 500 Top 50 ETF by 4.1% during the third quarter. First Heartland Consultants Inc. now owns 9,807 shares of the company’s stock worth $466,000 after buying an additional 382 shares in the last quarter. Finally, Cooper Financial Group increased its stake in shares of Invesco S&P 500 Top 50 ETF by 8.8% in the fourth quarter. Cooper Financial Group now owns 4,901 shares of the company’s stock worth $245,000 after buying an additional 398 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

NYSEARCA XLG opened at $50.79 on Friday. The company has a market capitalization of $4.95 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 12 month low of $38.82 and a 12 month high of $51.80. The company’s fifty day moving average price is $50.50 and its two-hundred day moving average price is $48.09.

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.