Invesco S&P 500 Top 50 ETF $XLG Shares Purchased by Horst & Graben Wealth Management LLC

Horst & Graben Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 116.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 404,356 shares of the company’s stock after acquiring an additional 217,550 shares during the period. Invesco S&P 500 Top 50 ETF makes up 3.6% of Horst & Graben Wealth Management LLC’s holdings, making the stock its 8th biggest holding. Horst & Graben Wealth Management LLC owned 0.21% of Invesco S&P 500 Top 50 ETF worth $23,259,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in XLG. Soundwatch Capital LLC acquired a new position in Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at about $1,790,000. Raymond James Financial Inc. lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 25.8% in the second quarter. Raymond James Financial Inc. now owns 2,867,532 shares of the company’s stock valued at $149,398,000 after purchasing an additional 588,257 shares in the last quarter. Principle Wealth Partners LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 85.0% during the second quarter. Principle Wealth Partners LLC now owns 2,682,223 shares of the company’s stock valued at $139,744,000 after buying an additional 1,232,337 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Invesco S&P 500 Top 50 ETF by 32.0% during the second quarter. JPMorgan Chase & Co. now owns 2,464,746 shares of the company’s stock worth $128,413,000 after buying an additional 597,737 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in Invesco S&P 500 Top 50 ETF by 2.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,464,075 shares of the company’s stock valued at $128,378,000 after buying an additional 61,706 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Trading Up 0.3%

Shares of NYSEARCA:XLG opened at $59.98 on Friday. The stock has a market cap of $11.53 billion, a PE ratio of 27.80 and a beta of 1.03. The stock’s fifty day simple moving average is $59.03 and its two-hundred day simple moving average is $55.98. 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.