HPM Partners LLC acquired a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,079 shares of the company’s stock, valued at approximately $208,000.

A number of other large investors have also added to or reduced their stakes in XLG. Bank of America Corp DE purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the second quarter valued at $45,985,000. Fisher Asset Management LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the second quarter valued at $38,312,000. Wells Fargo & Company MN purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the second quarter valued at $15,150,000. Cumberland Advisors Inc. increased its position in shares of Invesco S&P 500 Top 50 ETF by 87.3% in the second quarter. Cumberland Advisors Inc. now owns 66,470 shares of the company’s stock valued at $12,811,000 after buying an additional 30,990 shares in the last quarter. Finally, SignalPoint Asset Management LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the second quarter valued at $3,154,000.

Shares of XLG stock opened at $210.70 on Friday. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $175.79 and a fifty-two week high of $211.04.

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.

See Also: Moving Average (MA)

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Institutional Ownership by Quarter for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

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