FFG Retirement Advisors LLC Buys 25,328 Shares of Invesco S&P 500 Top 50 ETF $XLG

FFG Retirement Advisors LLC boosted its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 42.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 84,754 shares of the company’s stock after purchasing an additional 25,328 shares during the quarter. Invesco S&P 500 Top 50 ETF comprises approximately 3.1% of FFG Retirement Advisors LLC’s holdings, making the stock its 13th largest holding. FFG Retirement Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $5,024,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in XLG. Belpointe Asset Management LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 284.4% in the third quarter. Belpointe Asset Management LLC now owns 20,364 shares of the company’s stock worth $1,171,000 after purchasing an additional 15,067 shares during the last quarter. Aspire Capital Advisors LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 55.1% during the third quarter. Aspire Capital Advisors LLC now owns 133,700 shares of the company’s stock valued at $7,690,000 after buying an additional 47,513 shares during the last quarter. Fortis Capital Advisors LLC purchased a new position in Invesco S&P 500 Top 50 ETF during the 3rd quarter valued at approximately $869,000. Retirement Planning Group LLC NY purchased a new position in Invesco S&P 500 Top 50 ETF during the 3rd quarter valued at approximately $533,000. Finally, Cannon Advisors Inc. increased its stake in Invesco S&P 500 Top 50 ETF by 40.4% in the 3rd quarter. Cannon Advisors Inc. now owns 29,829 shares of the company’s stock worth $1,732,000 after acquiring an additional 8,584 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

NYSEARCA:XLG opened at $55.02 on Thursday. The company has a market cap of $10.70 billion, a price-to-earnings ratio of 27.80 and a beta of 1.03. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.50 and a 1 year high of $60.63. The stock’s 50 day simple moving average is $57.42 and its two-hundred day simple moving average is $58.14.

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.