Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Shares Acquired by Synergy Asset Management LLC

Synergy Asset Management LLC boosted its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 81.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,122 shares of the company’s stock after acquiring an additional 9,037 shares during the quarter. Synergy Asset Management LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $977,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. SteelPeak Wealth LLC boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 1.8% in the third quarter. SteelPeak Wealth LLC now owns 12,511 shares of the company’s stock valued at $595,000 after acquiring an additional 221 shares in the last quarter. VitalStone Financial LLC lifted its position in Invesco S&P 500 Top 50 ETF by 10.7% in the third quarter. VitalStone Financial LLC now owns 2,691 shares of the company’s stock worth $128,000 after purchasing an additional 260 shares during the period. Valley Brook Capital Group Inc. boosted its stake in Invesco S&P 500 Top 50 ETF by 5.5% during the 3rd quarter. Valley Brook Capital Group Inc. now owns 5,505 shares of the company’s stock valued at $262,000 after purchasing an additional 285 shares in the last quarter. First Heartland Consultants Inc. increased its position in shares of Invesco S&P 500 Top 50 ETF by 4.1% during the 3rd quarter. First Heartland Consultants Inc. now owns 9,807 shares of the company’s stock valued at $466,000 after purchasing an additional 382 shares during the period. Finally, Cooper Financial Group raised its stake in shares of Invesco S&P 500 Top 50 ETF by 8.8% in the 4th quarter. Cooper Financial Group now owns 4,901 shares of the company’s stock worth $245,000 after buying an additional 398 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Down 0.6 %

Shares of Invesco S&P 500 Top 50 ETF stock opened at $50.89 on Thursday. The business has a fifty day simple moving average of $50.43 and a 200-day simple moving average of $48.05. The firm has a market cap of $4.96 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $38.82 and a fifty-two week high of $51.80.

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.