Carr Financial Group Corp Buys 14,619 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Carr Financial Group Corp increased its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 51.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 42,825 shares of the company’s stock after purchasing an additional 14,619 shares during the period. Carr Financial Group Corp’s holdings in Invesco S&P 500 Top 50 ETF were worth $2,035,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. LPL Financial LLC grew its position in shares of Invesco S&P 500 Top 50 ETF by 6.6% during the 2nd quarter. LPL Financial LLC now owns 7,237,697 shares of the company’s stock worth $331,125,000 after buying an additional 448,925 shares during the period. Raymond James Financial Services Advisors Inc. grew its holdings in Invesco S&P 500 Top 50 ETF by 20.6% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,305,381 shares of the company’s stock valued at $59,721,000 after purchasing an additional 223,301 shares during the period. GPS Wealth Strategies Group LLC increased its stake in Invesco S&P 500 Top 50 ETF by 7.0% in the second quarter. GPS Wealth Strategies Group LLC now owns 927,894 shares of the company’s stock valued at $42,451,000 after purchasing an additional 60,665 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in Invesco S&P 500 Top 50 ETF by 20.9% in the second quarter. Envestnet Asset Management Inc. now owns 875,278 shares of the company’s stock worth $40,044,000 after purchasing an additional 151,025 shares during the period. Finally, Raymond James & Associates boosted its position in shares of Invesco S&P 500 Top 50 ETF by 69.7% during the third quarter. Raymond James & Associates now owns 816,880 shares of the company’s stock worth $38,826,000 after purchasing an additional 335,532 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Trading Up 0.3 %

NYSEARCA:XLG opened at $49.82 on Friday. Invesco S&P 500 Top 50 ETF has a 1 year low of $35.01 and a 1 year high of $49.92. The stock has a 50-day moving average price of $47.32 and a two-hundred day moving average price of $45.59. The stock has a market cap of $4.86 billion, a price-to-earnings 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.