Sigma Planning Corp Makes New $2.56 Million Investment in Invesco S&P 500 Top 50 ETF $XLG

Sigma Planning Corp acquired a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 40,312 shares of the company’s stock, valued at approximately $2,564,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Johnson Financial Group Inc. raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 2.7% in the 1st quarter. Johnson Financial Group Inc. now owns 2,071,676 shares of the company’s stock valued at $113,010,000 after acquiring an additional 53,884 shares in the last quarter. Lido Advisors LLC increased its position in shares of Invesco S&P 500 Top 50 ETF by 6.2% in the first quarter. Lido Advisors LLC now owns 1,327,458 shares of the company’s stock worth $72,413,000 after purchasing an additional 77,171 shares during the last quarter. Bogart Wealth LLC raised its stake in Invesco S&P 500 Top 50 ETF by 2.3% in the first quarter. Bogart Wealth LLC now owns 1,099,124 shares of the company’s stock valued at $59,957,000 after purchasing an additional 24,787 shares in the last quarter. Demars Financial Group LLC raised its stake in Invesco S&P 500 Top 50 ETF by 3.6% in the third quarter. Demars Financial Group LLC now owns 804,452 shares of the company’s stock valued at $51,171,000 after purchasing an additional 28,031 shares in the last quarter. Finally, Quattro Financial Advisors LLC lifted its position in Invesco S&P 500 Top 50 ETF by 42.8% during the third quarter. Quattro Financial Advisors LLC now owns 482,543 shares of the company’s stock valued at $30,695,000 after purchasing an additional 144,683 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of Invesco S&P 500 Top 50 ETF stock opened at $63.30 on Wednesday. Invesco S&P 500 Top 50 ETF has a 1 year low of $52.60 and a 1 year high of $65.26. The firm has a market cap of $11.89 billion, a PE ratio of 27.80 and a beta of 1.06. The company has a 50 day simple moving average of $63.26 and a two-hundred day simple moving average of $60.62.

Invesco S&P 500 Top 50 ETF Company Profile

Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) is an exchange-traded fund managed by Invesco Ltd. The fund seeks to provide investment results that generally correspond to the performance of the S&P 500 Top 50 Index, which is designed to track the 50 largest companies in the S&P 500 Index.

XLG provides focused exposure to large-cap U.S. equities across a range of industries, including information technology, consumer, health care, financial services and communications. Its holdings are generally weighted according to the methodology of the underlying index, giving investors access to many of the largest publicly traded companies in the United States through a single fund.

The fund began operations in 2005 and is listed on NYSE Arca.