Tsfg LLC Grows Stock Position in Invesco S&P 500 Top 50 ETF $XLG

Tsfg LLC raised its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 115.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 206,829 shares of the company’s stock after purchasing an additional 110,808 shares during the period. Invesco S&P 500 Top 50 ETF accounts for approximately 1.9% of Tsfg LLC’s portfolio, making the stock its 15th largest holding. Tsfg LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $11,897,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Money Concepts Capital Corp lifted its position in shares of Invesco S&P 500 Top 50 ETF by 3.1% in the third quarter. Money Concepts Capital Corp now owns 9,863 shares of the company’s stock valued at $567,000 after acquiring an additional 295 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 19.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 569,902 shares of the company’s stock worth $32,570,000 after purchasing an additional 94,457 shares during the last quarter. Mutual Advisors LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 13.6% during the third quarter. Mutual Advisors LLC now owns 138,922 shares of the company’s stock worth $8,067,000 after buying an additional 16,587 shares in the last quarter. Transcend Capital Advisors LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 5.9% in the third quarter. Transcend Capital Advisors LLC now owns 81,163 shares of the company’s stock valued at $4,668,000 after buying an additional 4,487 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. lifted its stake in shares of Invesco S&P 500 Top 50 ETF by 11.5% during the third quarter. Hazlett Burt & Watson Inc. now owns 3,630 shares of the company’s stock valued at $211,000 after buying an additional 375 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Performance

XLG stock opened at $59.28 on Tuesday. The company has a 50 day moving average price of $59.21 and a two-hundred day moving average price of $57.49. The stock has a market capitalization of $11.54 billion, a P/E ratio of 27.80 and a beta of 1.03. Invesco S&P 500 Top 50 ETF has a one year low of $39.50 and a one year high of $60.63.

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.