Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Shares Purchased by Newbridge Financial Services Group Inc.

Newbridge Financial Services Group Inc. raised its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 6.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 26,812 shares of the company’s stock after buying an additional 1,624 shares during the quarter. Newbridge Financial Services Group Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,340,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. LPL Financial LLC increased its stake in shares of Invesco S&P 500 Top 50 ETF by 10.2% during the third quarter. LPL Financial LLC now owns 7,979,467 shares of the company’s stock worth $379,264,000 after acquiring an additional 741,770 shares during the period. Raymond James & Associates increased its position in Invesco S&P 500 Top 50 ETF by 69.7% during the 3rd 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 during the period. Bank Hapoalim BM purchased a new position in Invesco S&P 500 Top 50 ETF in the fourth quarter worth $13,289,000. HighTower Advisors LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 27.7% in the 3rd quarter. HighTower Advisors LLC now owns 925,321 shares of the company’s stock valued at $43,982,000 after purchasing an additional 200,879 shares in the last quarter. Finally, Stratos Wealth Partners LTD. lifted its position in shares of Invesco S&P 500 Top 50 ETF by 66.5% during the 4th quarter. Stratos Wealth Partners LTD. now owns 476,332 shares of the company’s stock valued at $23,798,000 after acquiring an additional 190,180 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Performance

Invesco S&P 500 Top 50 ETF stock opened at $50.60 on Friday. The firm has a market capitalization of $4.93 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. The stock’s fifty day moving average is $50.67 and its two-hundred day moving average is $48.27. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $39.75 and a fifty-two week high of $51.80.

Invesco S&P 500 Top 50 ETF Company 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.