Centaurus Financial Inc. lifted its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 6.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 215,811 shares of the company’s stock after acquiring an additional 12,715 shares during the period. Centaurus Financial Inc. owned 0.12% of Invesco S&P 500 Top 50 ETF worth $11,772,000 at the end of the most recent quarter.
A number of other hedge funds have also recently made changes to their positions in XLG. Osaic Holdings Inc. raised its holdings in Invesco S&P 500 Top 50 ETF by 66.1% in the fourth quarter. Osaic Holdings Inc. now owns 2,838,230 shares of the company’s stock worth $168,251,000 after purchasing an additional 1,129,519 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 8.0% in the 4th quarter. LPL Financial LLC now owns 11,554,356 shares of the company’s stock valued at $684,942,000 after buying an additional 856,661 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 46.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,296,020 shares of the company’s stock valued at $132,108,000 after buying an additional 729,356 shares in the last quarter. Raymond James Financial Inc. grew its position in shares of Invesco S&P 500 Top 50 ETF by 25.8% in the 2nd quarter. Raymond James Financial Inc. now owns 2,867,532 shares of the company’s stock worth $149,398,000 after buying an additional 588,257 shares during the last quarter. Finally, Brown Advisory Inc. grew its position in shares of Invesco S&P 500 Top 50 ETF by 1,359.5% in the 4th quarter. Brown Advisory Inc. now owns 560,799 shares of the company’s stock worth $33,244,000 after buying an additional 522,375 shares during the last quarter.
Invesco S&P 500 Top 50 ETF Stock Down 1.8%
NYSEARCA XLG opened at $58.64 on Thursday. Invesco S&P 500 Top 50 ETF has a 52 week low of $52.60 and a 52 week high of $64.77. The company has a 50 day moving average price of $61.64 and a 200 day moving average price of $59.47. The firm has a market cap of $10.25 billion, a PE ratio of 27.80 and a beta of 1.06.
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.
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