Seros Financial LLC Purchases 25,230 Shares of Invesco S&P 500 Top 50 ETF $XLG

Seros Financial LLC boosted its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 18.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 161,359 shares of the company’s stock after buying an additional 25,230 shares during the quarter. Invesco S&P 500 Top 50 ETF makes up 5.6% of Seros Financial LLC’s investment portfolio, making the stock its 6th largest holding. Seros Financial LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $9,565,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of XLG. Jane Street Group LLC grew its stake in Invesco S&P 500 Top 50 ETF by 444.6% in the 1st quarter. Jane Street Group LLC now owns 182,870 shares of the company’s stock valued at $8,416,000 after purchasing an additional 149,290 shares during the period. Russell Investments Group Ltd. raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 151.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,536 shares of the company’s stock valued at $80,000 after buying an additional 926 shares in the last quarter. Marshall Wace LLP purchased a new position in shares of Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at about $7,118,000. Qube Research & Technologies Ltd grew its position in Invesco S&P 500 Top 50 ETF by 230.7% during the 2nd quarter. Qube Research & Technologies Ltd now owns 9,629 shares of the company’s stock worth $502,000 after acquiring an additional 6,717 shares during the last quarter. Finally, Main Street Financial Solutions LLC grew its position in Invesco S&P 500 Top 50 ETF by 98.2% during the 2nd quarter. Main Street Financial Solutions LLC now owns 13,896 shares of the company’s stock worth $724,000 after acquiring an additional 6,886 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of XLG stock opened at $63.02 on Wednesday. The firm has a market cap of $11.10 billion, a P/E ratio of 27.80 and a beta of 1.05. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $47.93 and a fifty-two week high of $64.33. The business’s 50 day moving average price is $58.33 and its 200-day moving average price is $58.56.

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.