Lifelong Wealth Advisors Inc. Purchases 65,116 Shares of Invesco S&P 500 Top 50 ETF $XLG

Lifelong Wealth Advisors Inc. grew its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 110.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 124,132 shares of the company’s stock after acquiring an additional 65,116 shares during the quarter. Invesco S&P 500 Top 50 ETF accounts for 2.0% of Lifelong Wealth Advisors Inc.’s holdings, making the stock its 12th biggest position. Lifelong Wealth Advisors Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $7,359,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in XLG. JPMorgan Chase & Co. raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 53.6% in the third quarter. JPMorgan Chase & Co. now owns 3,786,602 shares of the company’s stock valued at $217,805,000 after purchasing an additional 1,321,856 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of Invesco S&P 500 Top 50 ETF by 46.6% in the third quarter. Ameriprise Financial Inc. now owns 2,296,020 shares of the company’s stock worth $132,108,000 after purchasing an additional 729,356 shares in the last quarter. CW Advisors LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 1,645.5% during the second quarter. CW Advisors LLC now owns 719,865 shares of the company’s stock worth $37,505,000 after purchasing an additional 678,624 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in Invesco S&P 500 Top 50 ETF by 25.8% during the second quarter. Raymond James Financial Inc. now owns 2,867,532 shares of the company’s stock worth $149,398,000 after purchasing an additional 588,257 shares during the last quarter. Finally, Austin Private Wealth LLC grew its position in Invesco S&P 500 Top 50 ETF by 82.9% in the third quarter. Austin Private Wealth LLC now owns 965,569 shares of the company’s stock valued at $55,540,000 after purchasing an additional 437,651 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Trading Down 0.8%

Shares of XLG stock opened at $54.63 on Wednesday. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.50 and a 1 year high of $60.63. The firm’s fifty day moving average price is $57.50 and its two-hundred day moving average price is $58.16. The firm has a market capitalization of $10.63 billion, a P/E ratio of 27.80 and a beta of 1.03.

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.