Transcendent Capital Group LLC Purchases New Holdings in Invesco S&P 500 Top 50 ETF $XLG

Transcendent Capital Group LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 64,897 shares of the company’s stock, valued at approximately $3,733,000. Invesco S&P 500 Top 50 ETF makes up about 1.7% of Transcendent Capital Group LLC’s investment portfolio, making the stock its 15th biggest position.

Other institutional investors also recently made changes to their positions in the company. Jane Street Group LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 444.6% during the 1st quarter. Jane Street Group LLC now owns 182,870 shares of the company’s stock valued at $8,416,000 after buying an additional 149,290 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Invesco S&P 500 Top 50 ETF by 6.8% in the second quarter. Janney Montgomery Scott LLC now owns 107,362 shares of the company’s stock worth $5,594,000 after buying an additional 6,825 shares during the last quarter. Truist Financial Corp raised its holdings in Invesco S&P 500 Top 50 ETF by 11.6% in the second quarter. Truist Financial Corp now owns 71,382 shares of the company’s stock valued at $3,719,000 after acquiring an additional 7,425 shares in the last quarter. Wealthcare Advisory Partners LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 6.0% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 19,630 shares of the company’s stock valued at $1,023,000 after acquiring an additional 1,107 shares during the last quarter. Finally, Simplicity Wealth LLC bought a new position in Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at $678,000.

Invesco S&P 500 Top 50 ETF Stock Performance

XLG opened at $59.28 on Tuesday. The company has a market capitalization of $11.54 billion, a P/E ratio of 27.80 and a beta of 1.03. The company has a 50-day moving average of $59.21 and a 200-day moving average of $57.49. Invesco S&P 500 Top 50 ETF has a 1-year low of $39.50 and a 1-year high of $60.63.

Invesco S&P 500 Top 50 ETF Company 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.