Retirement Planning Group LLC NY Purchases Shares of 9,272 Invesco S&P 500 Top 50 ETF $XLG

Retirement Planning Group LLC NY acquired a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 9,272 shares of the company’s stock, valued at approximately $533,000.

Several other institutional investors and hedge funds also recently made changes to their positions in XLG. Soundwatch Capital LLC bought a new stake in Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at $1,790,000. Principle Wealth Partners LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 85.0% during the second quarter. Principle Wealth Partners LLC now owns 2,682,223 shares of the company’s stock worth $139,744,000 after buying an additional 1,232,337 shares in the last quarter. CW Advisors LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 1,645.5% in the second quarter. CW Advisors LLC now owns 719,865 shares of the company’s stock valued at $37,505,000 after acquiring an additional 678,624 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Invesco S&P 500 Top 50 ETF by 32.0% in the second quarter. JPMorgan Chase & Co. now owns 2,464,746 shares of the company’s stock valued at $128,413,000 after acquiring an additional 597,737 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in Invesco S&P 500 Top 50 ETF by 25.8% in the 2nd 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 in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Down 0.9%

Shares of NYSEARCA:XLG opened at $58.97 on Thursday. Invesco S&P 500 Top 50 ETF has a 12-month low of $39.50 and a 12-month high of $60.63. The company’s 50 day moving average price is $59.13 and its two-hundred day moving average price is $56.88. The firm has a market cap of $11.55 billion, a PE 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.