180,861 Shares of Invesco S&P 500 Top 50 ETF $XLG Bought by Capstone Wealth Management Group LLC

Capstone Wealth Management Group LLC purchased a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 180,861 shares of the company’s stock, valued at approximately $11,505,000. Invesco S&P 500 Top 50 ETF makes up approximately 5.0% of Capstone Wealth Management Group LLC’s investment portfolio, making the stock its 6th largest holding. Capstone Wealth Management Group LLC owned about 0.10% of Invesco S&P 500 Top 50 ETF as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of XLG. Sequoia Financial Advisors LLC grew its holdings in Invesco S&P 500 Top 50 ETF by 77.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 38,654 shares of the company’s stock worth $2,394,000 after acquiring an additional 16,813 shares in the last quarter. Concurrent Investment Advisors LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 9.1% during the second quarter. Concurrent Investment Advisors LLC now owns 153,999 shares of the company’s stock worth $9,444,000 after purchasing an additional 12,814 shares in the last quarter. Aspire Capital Advisors LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 17.3% during the second quarter. Aspire Capital Advisors LLC now owns 94,434 shares of the company’s stock worth $5,782,000 after purchasing an additional 13,913 shares in the last quarter. Modern Wealth Management LLC purchased a new position in Invesco S&P 500 Top 50 ETF in the first quarter valued at $1,475,000. Finally, Ameritas Advisory Services LLC purchased a new position in Invesco S&P 500 Top 50 ETF in the second quarter valued at $9,532,000.

Invesco S&P 500 Top 50 ETF Price Performance

NYSEARCA:XLG opened at $61.52 on Thursday. Invesco S&P 500 Top 50 ETF has a 12 month low of $52.60 and a 12 month high of $65.26. The firm has a market capitalization of $11.52 billion, a PE ratio of 27.80 and a beta of 1.06. The business’s fifty day moving average price is $63.06 and its 200 day moving average price is $60.75.

Invesco S&P 500 Top 50 ETF Company Profile

Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) is an exchange-traded fund managed by Invesco Ltd. The fund seeks to provide investment results that generally correspond to the performance of the S&P 500 Top 50 Index, which is designed to track the 50 largest companies in the S&P 500 Index. XLG provides focused exposure to large-cap U.S. equities across a range of industries, including information technology, consumer, health care, financial services and communications. Its holdings are generally weighted according to the methodology of the underlying index, giving investors access to many of the largest publicly traded companies in the United States through a single fund.