180,861 Shares in Invesco S&P 500 Top 50 ETF $XLG Purchased by Capstone Wealth Management Group LLC

Capstone Wealth Management Group LLC purchased a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 180,861 shares of the company’s stock, valued at approximately $11,505,000. Invesco S&P 500 Top 50 ETF comprises about 5.0% of Capstone Wealth Management Group LLC’s investment portfolio, making the stock its 6th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in XLG. Key Client Fiduciary Advisors LLC raised its holdings in Invesco S&P 500 Top 50 ETF by 1.5% during the second quarter. Key Client Fiduciary Advisors LLC now owns 13,549 shares of the company’s stock worth $830,000 after purchasing an additional 205 shares in the last quarter. Investors Research Corp boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 3.2% in the 2nd quarter. Investors Research Corp now owns 11,037 shares of the company’s stock valued at $676,000 after buying an additional 339 shares in the last quarter. Partners Wealth Management LLC boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 3.3% in the 3rd quarter. Partners Wealth Management LLC now owns 10,977 shares of the company’s stock valued at $698,000 after buying an additional 349 shares in the last quarter. Retireful LLC boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 2.6% in the 2nd quarter. Retireful LLC now owns 13,778 shares of the company’s stock valued at $845,000 after buying an additional 351 shares in the last quarter. Finally, NFSG Corp grew its position in shares of Invesco S&P 500 Top 50 ETF by 2.1% in the 3rd quarter. NFSG Corp now owns 18,895 shares of the company’s stock valued at $1,202,000 after buying an additional 381 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

NYSEARCA XLG opened at $61.52 on Thursday. The firm’s fifty day moving average price is $63.06 and its 200 day moving average price is $60.75. The company has a market capitalization of $11.52 billion, a price-to-earnings ratio of 27.80 and a beta of 1.06. Invesco S&P 500 Top 50 ETF has a 12 month low of $52.60 and a 12 month high of $65.26.

Invesco S&P 500 Top 50 ETF Company Profile

Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) is an exchange-traded fund managed by Invesco Ltd. The fund seeks to provide investment results that generally correspond to the performance of the S&P 500 Top 50 Index, which is designed to track the 50 largest companies in the S&P 500 Index. XLG provides focused exposure to large-cap U.S. equities across a range of industries, including information technology, consumer, health care, financial services and communications. Its holdings are generally weighted according to the methodology of the underlying index, giving investors access to many of the largest publicly traded companies in the United States through a single fund.