PFG Advisors Increases Stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

PFG Advisors increased its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 2,405.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 161,985 shares of the company’s stock after buying an additional 155,520 shares during the period. PFG Advisors owned about 0.17% of Invesco S&P 500 Top 50 ETF worth $8,093,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Assetmark Inc. grew its stake in Invesco S&P 500 Top 50 ETF by 2,175.0% in the third quarter. Assetmark Inc. now owns 2,366 shares of the company’s stock valued at $112,000 after purchasing an additional 2,262 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its stake in Invesco S&P 500 Top 50 ETF by 5.3% in the third quarter. Nations Financial Group Inc. IA ADV now owns 35,079 shares of the company’s stock valued at $1,667,000 after purchasing an additional 1,760 shares during the last quarter. First Heartland Consultants Inc. grew its stake in Invesco S&P 500 Top 50 ETF by 4.1% in the third quarter. First Heartland Consultants Inc. now owns 9,807 shares of the company’s stock valued at $466,000 after purchasing an additional 382 shares during the last quarter. OneDigital Investment Advisors LLC grew its stake in Invesco S&P 500 Top 50 ETF by 20.4% in the third quarter. OneDigital Investment Advisors LLC now owns 283,179 shares of the company’s stock valued at $13,460,000 after purchasing an additional 48,047 shares during the last quarter. Finally, RIA Advisory Group LLC purchased a new position in Invesco S&P 500 Top 50 ETF in the third quarter valued at about $3,702,000.

Invesco S&P 500 Top 50 ETF Price Performance

XLG opened at $46.07 on Wednesday. The business’s 50-day moving average is $50.19 and its two-hundred day moving average is $49.05. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.75 and a 1 year high of $51.80. The firm has a market capitalization of $8.28 billion, a PE ratio of 29.57 and a beta of 1.01.

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.