Invesco S&P 500 Top 50 ETF $XLG Shares Acquired by Vantage Point Financial LLC

Vantage Point Financial LLC increased its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 98.9% in the third quarter, Holdings Channel reports. The institutional investor owned 30,381 shares of the company’s stock after acquiring an additional 15,104 shares during the quarter. Vantage Point Financial LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,748,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Soundwatch Capital LLC acquired a new position in Invesco S&P 500 Top 50 ETF during the 2nd quarter worth $1,790,000. Raymond James Financial Inc. lifted its position in shares of Invesco S&P 500 Top 50 ETF by 25.8% during the second quarter. Raymond James Financial Inc. now owns 2,867,532 shares of the company’s stock worth $149,398,000 after purchasing an additional 588,257 shares during the last quarter. Principle Wealth Partners LLC grew its stake in Invesco S&P 500 Top 50 ETF by 85.0% in the second quarter. Principle Wealth Partners LLC now owns 2,682,223 shares of the company’s stock worth $139,744,000 after purchasing an additional 1,232,337 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Invesco S&P 500 Top 50 ETF by 32.0% in the second quarter. JPMorgan Chase & Co. now owns 2,464,746 shares of the company’s stock valued at $128,413,000 after buying an additional 597,737 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in Invesco S&P 500 Top 50 ETF by 2.6% in the second quarter. Bank of New York Mellon Corp now owns 2,464,075 shares of the company’s stock valued at $128,378,000 after buying an additional 61,706 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 0.5%

Shares of NYSEARCA XLG opened at $59.59 on Monday. The stock’s 50 day moving average price is $59.15 and its two-hundred day moving average price is $56.76. Invesco S&P 500 Top 50 ETF has a 52-week low of $39.50 and a 52-week high of $60.63. The stock has a market capitalization of $11.72 billion, a P/E ratio of 27.80 and a beta of 1.03.

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.