Strategic Financial Concepts LLC Takes $2.51 Million Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Strategic Financial Concepts LLC bought a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 50,329 shares of the company’s stock, valued at approximately $2,514,000. Strategic Financial Concepts LLC owned approximately 0.05% of Invesco S&P 500 Top 50 ETF as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Abound Wealth Management acquired a new stake in Invesco S&P 500 Top 50 ETF during the fourth quarter worth about $30,000. Hager Investment Management Services LLC acquired a new stake in Invesco S&P 500 Top 50 ETF during the fourth quarter worth about $30,000. Decker Retirement Planning Inc. acquired a new stake in Invesco S&P 500 Top 50 ETF during the fourth quarter worth about $34,000. Concord Wealth Partners acquired a new stake in Invesco S&P 500 Top 50 ETF during the third quarter worth about $47,000. Finally, Crews Bank & Trust acquired a new stake in Invesco S&P 500 Top 50 ETF during the fourth quarter worth about $87,000.

Invesco S&P 500 Top 50 ETF Stock Up 0.8 %

XLG opened at $51.00 on Tuesday. The firm has a market cap of $4.97 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 $39.75 and a fifty-two week high of $51.80. The company’s 50-day moving average price is $50.67 and its 200 day moving average price is $48.30.

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.