Rodgers & Associates LTD Buys New Shares in Invesco S&P 500 Top 50 ETF $XLG

Rodgers & Associates LTD bought a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 11,720 shares of the company’s stock, valued at approximately $748,000.

Several other large investors have also recently added to or reduced their stakes in XLG. Birchbrook Inc. acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter valued at $27,000. Birch Capital Management LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at about $27,000. Deutsche Bank AG bought a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at about $27,000. Group One Trading LLC raised its position in Invesco S&P 500 Top 50 ETF by 100.9% in the fourth quarter. Group One Trading LLC now owns 507 shares of the company’s stock worth $30,000 after purchasing an additional 57,871 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID bought a new position in Invesco S&P 500 Top 50 ETF during the fourth quarter worth about $38,000.

Invesco S&P 500 Top 50 ETF Trading Up 0.6%

XLG stock opened at $62.53 on Thursday. The business’s 50 day moving average is $61.59 and its 200-day moving average is $60.13. Invesco S&P 500 Top 50 ETF has a 1-year low of $52.60 and a 1-year high of $64.77. The firm has a market cap of $10.91 billion, a P/E ratio of 27.80 and a beta of 1.06.

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. 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.