Verus Capital Partners LLC Has $2.12 Million Position in Invesco S&P 500 Top 50 ETF $XLG

Verus Capital Partners LLC lifted its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 136.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 36,847 shares of the company’s stock after acquiring an additional 21,278 shares during the quarter. Verus Capital Partners LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $2,119,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Jane Street Group LLC grew its stake in Invesco S&P 500 Top 50 ETF by 444.6% in the first 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 in the last quarter. Moloney Securities Asset Management LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 6.0% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 9,512 shares of the company’s stock valued at $496,000 after buying an additional 541 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Invesco S&P 500 Top 50 ETF by 8.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,767,771 shares of the company’s stock valued at $92,100,000 after buying an additional 136,418 shares in the last quarter. Brookwood Investment Group LLC acquired a new position in Invesco S&P 500 Top 50 ETF in the second quarter worth approximately $205,000. Finally, Austin Private Wealth LLC increased its holdings in Invesco S&P 500 Top 50 ETF by 59.5% in the second quarter. Austin Private Wealth LLC now owns 527,918 shares of the company’s stock worth $27,505,000 after buying an additional 196,832 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 0.8%

NYSEARCA XLG opened at $57.65 on Monday. The stock has a market capitalization of $11.21 billion, a PE 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 company has a 50 day moving average price of $58.72 and a two-hundred day moving average price of $57.90.

Invesco S&P 500 Top 50 ETF 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.