Kickstand Ventures LLC. Buys 10,326 Shares of Invesco S&P 500 Top 50 ETF $XLG

Kickstand Ventures LLC. boosted its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 119.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 19,004 shares of the company’s stock after buying an additional 10,326 shares during the quarter. Kickstand Ventures LLC.’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,093,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Jane Street Group LLC raised its stake in shares of Invesco S&P 500 Top 50 ETF by 444.6% during the 1st quarter. Jane Street Group LLC now owns 182,870 shares of the company’s stock worth $8,416,000 after purchasing an additional 149,290 shares in the last quarter. Prospera Financial Services Inc acquired a new position in Invesco S&P 500 Top 50 ETF during the second quarter worth $292,000. Creative Planning increased its holdings in Invesco S&P 500 Top 50 ETF by 6.4% during the second quarter. Creative Planning now owns 35,057 shares of the company’s stock worth $1,826,000 after buying an additional 2,095 shares during the last quarter. Rockefeller Capital Management L.P. raised its position in Invesco S&P 500 Top 50 ETF by 3.4% during the second quarter. Rockefeller Capital Management L.P. now owns 299,364 shares of the company’s stock worth $15,597,000 after acquiring an additional 9,880 shares in the last quarter. Finally, MTM Investment Management LLC raised its position in Invesco S&P 500 Top 50 ETF by 109.7% during the second quarter. MTM Investment Management LLC now owns 1,346 shares of the company’s stock worth $70,000 after acquiring an additional 704 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of XLG stock opened at $55.76 on Monday. The company has a fifty day moving average price of $58.06 and a two-hundred day moving average price of $58.14. Invesco S&P 500 Top 50 ETF has a one year low of $39.50 and a one year high of $60.63. The stock has a market cap of $10.85 billion, a P/E ratio of 27.80 and a beta of 1.03.

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.