Signal Advisors Wealth LLC Buys 10,770 Shares of Invesco S&P 500 Top 50 ETF $XLG

Signal Advisors Wealth LLC increased its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 65.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,125 shares of the company’s stock after buying an additional 10,770 shares during the quarter. Signal Advisors Wealth LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,560,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in XLG. Cullen Frost Bankers Inc. grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 0.8% during the 2nd 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 in the last quarter. Balboa Wealth Partners lifted its position in 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 worth $503,000 after purchasing an additional 210 shares during the period. Smith Salley Wealth Management grew its stake in 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 worth $394,000 after buying an additional 215 shares in the last quarter. Pacific Sun Financial Corp increased its holdings in Invesco S&P 500 Top 50 ETF by 3.2% in the 2nd 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 period. Finally, Concord Wealth Partners increased its holdings in Invesco S&P 500 Top 50 ETF by 13.3% in the 2nd 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 period.

Invesco S&P 500 Top 50 ETF Trading Up 1.1%

Shares of Invesco S&P 500 Top 50 ETF stock opened at $59.15 on Friday. The company has a market cap of $11.37 billion, a PE ratio of 27.80 and a beta of 1.03. The company has a 50 day moving average of $58.84 and a 200-day moving average of $55.75. 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. 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.