BTG Pactual Asset Management US LLC Takes Position in Invesco S&P 500 Top 50 ETF $XLG

BTG Pactual Asset Management US LLC acquired a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,705 shares of the company’s stock, valued at approximately $594,000.

A number of other hedge funds have also recently modified their holdings of XLG. M Holdings Securities Inc. purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at approximately $895,000. Headlands Technologies LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 44.9% during the 2nd quarter. Headlands Technologies LLC now owns 6,541 shares of the company’s stock valued at $401,000 after buying an additional 2,026 shares during the period. Ancora Advisors LLC acquired a new position in Invesco S&P 500 Top 50 ETF in the second quarter valued at approximately $72,000. Walker Asset Management LLC lifted its holdings in Invesco S&P 500 Top 50 ETF by 2.5% in the second quarter. Walker Asset Management LLC now owns 41,179 shares of the company’s stock valued at $2,521,000 after acquiring an additional 993 shares during the last quarter. Finally, Investors Research Corp lifted its holdings in Invesco S&P 500 Top 50 ETF by 3.2% in the second quarter. Investors Research Corp now owns 11,037 shares of the company’s stock valued at $676,000 after acquiring an additional 339 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of Invesco S&P 500 Top 50 ETF stock opened at $62.49 on Tuesday. The stock has a 50 day moving average of $61.49 and a 200 day moving average of $60.06. The firm has a market capitalization of $10.90 billion, a price-to-earnings ratio of 27.80 and a beta of 1.06. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $52.60 and a fifty-two week high of $64.77.

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. 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.