5,500 Shares in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Bought by Kelman Lazarov Inc.

Kelman Lazarov Inc. bought a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the 4th quarter, Holdings Channel reports. The institutional investor bought 5,500 shares of the company’s stock, valued at approximately $207,000.

Other large investors have also made changes to their positions in the company. Iron Horse Wealth Management LLC acquired a new stake in Invesco S&P 500 Top 50 ETF in the 3rd quarter valued at $25,000. Financial Gravity Asset Management Inc. increased its holdings in Invesco S&P 500 Top 50 ETF by 172.9% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 955 shares of the company’s stock valued at $32,000 after purchasing an additional 605 shares in the last quarter. Capital Investment Advisory Services LLC increased its holdings in Invesco S&P 500 Top 50 ETF by 904.1% in the 3rd quarter. Capital Investment Advisory Services LLC now owns 984 shares of the company’s stock valued at $33,000 after purchasing an additional 886 shares in the last quarter. Archer Investment Corp grew its stake in shares of Invesco S&P 500 Top 50 ETF by 900.0% during the third quarter. Archer Investment Corp now owns 1,030 shares of the company’s stock valued at $35,000 after acquiring an additional 927 shares in the last quarter. Finally, Headinvest LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the third quarter valued at about $36,000.

Invesco S&P 500 Top 50 ETF Stock Up 1.5 %

Shares of Invesco S&P 500 Top 50 ETF stock traded up $0.58 during trading hours on Monday, hitting $40.42. 1,293,472 shares of the company’s stock traded hands, compared to its average volume of 1,148,977. The stock has a 50 day simple moving average of $41.39 and a 200-day simple moving average of $38.41. The company has a market cap of $3.98 billion, a PE ratio of 2.95 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a twelve month low of $30.81 and a twelve month high of $42.53.

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.