Security Financial Services INC. Purchases Shares of 49,942 Invesco S&P 500 Top 50 ETF $XLG

Security Financial Services INC. purchased a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the second quarter, HoldingsChannel reports. The fund purchased 49,942 shares of the company’s stock, valued at approximately $2,602,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. AE Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 71.4% in the 2nd quarter. AE Wealth Management LLC now owns 126,429 shares of the company’s stock worth $6,587,000 after acquiring an additional 52,645 shares during the last quarter. Comprehensive Financial Planning Inc. PA boosted its position in shares of Invesco S&P 500 Top 50 ETF by 25.4% during the first quarter. Comprehensive Financial Planning Inc. PA now owns 91,580 shares of the company’s stock valued at $4,215,000 after buying an additional 18,538 shares during the period. IFP Advisors Inc grew its stake in shares of Invesco S&P 500 Top 50 ETF by 79.6% during the first quarter. IFP Advisors Inc now owns 13,419 shares of the company’s stock valued at $618,000 after buying an additional 5,949 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 8.8% in the first quarter. PNC Financial Services Group Inc. now owns 10,828 shares of the company’s stock worth $498,000 after buying an additional 878 shares during the period. Finally, Nwam LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the 1st quarter worth approximately $477,000.

Invesco S&P 500 Top 50 ETF Stock Up 0.1%

XLG opened at $58.65 on Friday. The business has a fifty day moving average of $57.99 and a 200 day moving average of $53.82. The stock has a market cap of $11.28 billion, a P/E ratio of 27.80 and a beta of 1.03. Invesco S&P 500 Top 50 ETF has a 52-week low of $39.50 and a 52-week high of $60.63.

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.