Prairie Wealth Advisors Inc. Invests $211,000 in Invesco S&P 500 Top 50 ETF $XLG

Prairie Wealth Advisors Inc. acquired a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,042 shares of the company’s stock, valued at approximately $211,000.

Several other large investors also recently modified their holdings of the company. Cullen Frost Bankers Inc. grew its holdings in Invesco S&P 500 Top 50 ETF by 0.8% in the second quarter. Cullen Frost Bankers Inc. now owns 22,335 shares of the company’s stock worth $1,164,000 after purchasing an additional 188 shares during the period. Balboa Wealth Partners grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 2.2% during the second quarter. Balboa Wealth Partners now owns 9,660 shares of the company’s stock valued at $503,000 after buying an additional 210 shares during the last quarter. Smith Salley Wealth Management grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 2.9% during the second quarter. Smith Salley Wealth Management now owns 7,555 shares of the company’s stock valued at $394,000 after buying an additional 215 shares during the last quarter. Pacific Sun Financial Corp grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 3.2% during the second quarter. Pacific Sun Financial Corp now owns 6,839 shares of the company’s stock valued at $356,000 after buying an additional 215 shares during the last quarter. Finally, Concord Wealth Partners grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 13.3% during the second quarter. Concord Wealth Partners now owns 1,853 shares of the company’s stock valued at $97,000 after buying an additional 217 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of NYSEARCA XLG opened at $60.52 on Thursday. The stock has a market capitalization of $11.63 billion, a P/E ratio of 27.80 and a beta of 1.03. The company has a 50-day moving average price of $56.94 and a 200-day moving average price of $52.61. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.50 and a 1 year 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.