Private Trust Co. NA Grows Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Private Trust Co. NA lifted its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 26.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 14,359 shares of the company’s stock after acquiring an additional 3,022 shares during the quarter. Private Trust Co. NA’s holdings in Invesco S&P 500 Top 50 ETF were worth $717,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of XLG. LPL Financial LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 10.2% during the 3rd quarter. LPL Financial LLC now owns 7,979,467 shares of the company’s stock valued at $379,264,000 after acquiring an additional 741,770 shares during the period. GPS Wealth Strategies Group LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 8.2% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 1,174,985 shares of the company’s stock valued at $58,702,000 after acquiring an additional 89,392 shares during the period. Principle Wealth Partners LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 11.4% during the 4th quarter. Principle Wealth Partners LLC now owns 1,092,153 shares of the company’s stock valued at $54,564,000 after acquiring an additional 112,147 shares during the period. HighTower Advisors LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 27.7% during the 3rd quarter. HighTower Advisors LLC now owns 925,321 shares of the company’s stock valued at $43,982,000 after acquiring an additional 200,879 shares during the period. Finally, Private Advisor Group LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 17.5% during the 4th quarter. Private Advisor Group LLC now owns 822,080 shares of the company’s stock valued at $41,071,000 after acquiring an additional 122,294 shares during the period.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of Invesco S&P 500 Top 50 ETF stock opened at $49.62 on Friday. The business has a 50-day moving average of $50.66 and a 200 day moving average of $48.97. Invesco S&P 500 Top 50 ETF has a 12 month low of $39.75 and a 12 month high of $51.80. The stock has a market capitalization of $8.92 billion, a price-to-earnings ratio of 29.57 and a beta of 1.01.

About Invesco S&P 500 Top 50 ETF

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.