Invesco S&P 500 Top 50 ETF $XLG Shares Bought by ShoreHaven Wealth Partners LLC

ShoreHaven Wealth Partners LLC lifted its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 57.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 225,830 shares of the company’s stock after acquiring an additional 82,389 shares during the period. Invesco S&P 500 Top 50 ETF accounts for about 4.8% of ShoreHaven Wealth Partners LLC’s investment portfolio, making the stock its 4th largest position. ShoreHaven Wealth Partners LLC owned 0.12% of Invesco S&P 500 Top 50 ETF worth $12,990,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the stock. Soundwatch Capital LLC purchased a new position in Invesco S&P 500 Top 50 ETF during the second quarter worth approximately $1,790,000. Principle Wealth Partners LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 85.0% during the 2nd quarter. Principle Wealth Partners LLC now owns 2,682,223 shares of the company’s stock worth $139,744,000 after buying an additional 1,232,337 shares during the last quarter. CW Advisors LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 1,645.5% during the 2nd quarter. CW Advisors LLC now owns 719,865 shares of the company’s stock worth $37,505,000 after buying an additional 678,624 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Invesco S&P 500 Top 50 ETF by 32.0% in the 2nd 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 during the period. Finally, Raymond James Financial Inc. boosted its holdings in 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 acquiring an additional 588,257 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Invesco S&P 500 Top 50 ETF stock opened at $59.43 on Thursday. The company has a market cap of $11.66 billion, a price-to-earnings ratio of 27.80 and a beta of 1.03. Invesco S&P 500 Top 50 ETF has a 12 month low of $39.50 and a 12 month high of $60.63. The stock’s 50-day moving average is $59.16 and its 200-day moving average is $56.59.

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.