Seros Financial LLC Has $9.57 Million Stock Position in Invesco S&P 500 Top 50 ETF $XLG

Seros Financial LLC grew its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 18.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 161,359 shares of the company’s stock after acquiring an additional 25,230 shares during the quarter. Invesco S&P 500 Top 50 ETF accounts for 5.6% of Seros Financial LLC’s holdings, making the stock its 6th biggest position. Seros Financial LLC owned 0.08% of Invesco S&P 500 Top 50 ETF worth $9,565,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of XLG. Bank of America Corp DE increased its stake in Invesco S&P 500 Top 50 ETF by 7.4% during the 3rd quarter. Bank of America Corp DE now owns 4,248,330 shares of the company’s stock worth $244,364,000 after purchasing an additional 291,048 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Invesco S&P 500 Top 50 ETF by 53.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,786,602 shares of the company’s stock worth $217,805,000 after purchasing an additional 1,321,856 shares in the last quarter. Raymond James Financial Inc. increased its stake in Invesco S&P 500 Top 50 ETF by 1.2% during the 3rd quarter. Raymond James Financial Inc. now owns 2,900,899 shares of the company’s stock worth $166,860,000 after purchasing an additional 33,367 shares in the last quarter. Principle Wealth Partners LLC increased its stake in Invesco S&P 500 Top 50 ETF by 2.2% during the 3rd quarter. Principle Wealth Partners LLC now owns 2,741,301 shares of the company’s stock worth $157,680,000 after purchasing an additional 59,078 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in Invesco S&P 500 Top 50 ETF by 0.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,470,451 shares of the company’s stock worth $142,100,000 after purchasing an additional 6,376 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

NYSEARCA XLG opened at $63.02 on Wednesday. The business has a 50 day simple moving average of $58.33 and a 200 day simple moving average of $58.56. Invesco S&P 500 Top 50 ETF has a 52-week low of $47.93 and a 52-week high of $64.33. The stock has a market cap of $11.10 billion, a price-to-earnings ratio of 27.80 and a beta of 1.05.

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. 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.