40,312 Shares of Invesco S&P 500 Top 50 ETF $XLG Acquired by Sigma Planning Corp

Sigma Planning Corp acquired a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 40,312 shares of the company’s stock, valued at approximately $2,564,000.

A number of other large investors also recently modified their holdings of XLG. Polaris Financial Partners bought a new stake in Invesco S&P 500 Top 50 ETF in the 3rd quarter worth approximately $21,423,000. JNBA Financial Advisors grew its position in Invesco S&P 500 Top 50 ETF by 15,731.8% during the second quarter. JNBA Financial Advisors now owns 197,898 shares of the company’s stock valued at $12,117,000 after acquiring an additional 196,648 shares during the last quarter. Ameritas Advisory Services LLC bought a new position in Invesco S&P 500 Top 50 ETF during the second quarter valued at approximately $9,532,000. Quattro Financial Advisors LLC raised its stake in shares of Invesco S&P 500 Top 50 ETF by 42.8% during the third quarter. Quattro Financial Advisors LLC now owns 482,543 shares of the company’s stock worth $30,695,000 after acquiring an additional 144,683 shares in the last quarter. Finally, Madrona Financial Services LLC raised its stake in shares of Invesco S&P 500 Top 50 ETF by 498.5% during the third quarter. Madrona Financial Services LLC now owns 114,761 shares of the company’s stock worth $7,300,000 after acquiring an additional 95,586 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

XLG stock opened at $63.30 on Wednesday. The company has a market capitalization of $11.89 billion, a PE ratio of 27.80 and a beta of 1.06. Invesco S&P 500 Top 50 ETF has a one year low of $52.60 and a one year high of $65.26. The company’s 50 day moving average price is $63.26 and its two-hundred day moving average price is $60.62.

Invesco S&P 500 Top 50 ETF Profile

Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) is an exchange-traded fund managed by Invesco Ltd. The fund seeks to provide investment results that generally correspond to the performance of the S&P 500 Top 50 Index, which is designed to track the 50 largest companies in the S&P 500 Index.

XLG provides focused exposure to large-cap U.S. equities across a range of industries, including information technology, consumer, health care, financial services and communications. Its holdings are generally weighted according to the methodology of the underlying index, giving investors access to many of the largest publicly traded companies in the United States through a single fund.

The fund began operations in 2005 and is listed on NYSE Arca.