Cyr Financial Inc. Buys 8,639 Shares of Invesco S&P 500 Top 50 ETF $XLG

Cyr Financial Inc. lifted its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 3.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 243,250 shares of the company’s stock after buying an additional 8,639 shares during the period. Invesco S&P 500 Top 50 ETF comprises approximately 9.6% of Cyr Financial Inc.’s holdings, making the stock its largest holding. Cyr Financial Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $13,992,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of XLG. Belpointe Asset Management LLC raised its stake in Invesco S&P 500 Top 50 ETF by 284.4% during the third quarter. Belpointe Asset Management LLC now owns 20,364 shares of the company’s stock worth $1,171,000 after acquiring an additional 15,067 shares in the last quarter. Fortis Capital Advisors LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the 3rd quarter valued at $869,000. Retirement Planning Group LLC NY acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the 3rd quarter valued at $533,000. AE Wealth Management LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 71.4% in the 2nd quarter. AE Wealth Management LLC now owns 126,429 shares of the company’s stock worth $6,587,000 after purchasing an additional 52,645 shares during the last quarter. Finally, Cannon Advisors Inc. increased its position in shares of Invesco S&P 500 Top 50 ETF by 40.4% during the 3rd quarter. Cannon Advisors Inc. now owns 29,829 shares of the company’s stock worth $1,732,000 after purchasing an additional 8,584 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 1.8%

Shares of XLG stock opened at $58.31 on Friday. The company has a market capitalization of $11.34 billion, a P/E ratio of 27.80 and a beta of 1.03. Invesco S&P 500 Top 50 ETF has a 12-month low of $39.50 and a 12-month high of $60.63. The firm has a 50-day moving average price of $59.12 and a 200 day moving average price of $57.60.

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. The Russell 3000 Index is an unmanaged capitalization-weighted index that offers investors access to the United States equity universe representing approximately 98% of the United States equity market.