GeoWealth Management LLC Buys 96,240 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

GeoWealth Management LLC boosted its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLGFree Report) by 173.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 151,572 shares of the company’s stock after buying an additional 96,240 shares during the quarter. GeoWealth Management LLC owned approximately 0.16% of Invesco S&P 500 Top 50 ETF worth $7,573,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Demars Financial Group LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 5,930.2% in the fourth quarter. Demars Financial Group LLC now owns 28,403,144 shares of the company’s stock valued at $1,419,021,000 after acquiring an additional 27,932,132 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Invesco S&P 500 Top 50 ETF during the fourth quarter worth about $112,591,000. LPL Financial LLC raised its position in Invesco S&P 500 Top 50 ETF by 22.5% in the fourth quarter. LPL Financial LLC now owns 9,775,057 shares of the company’s stock worth $488,362,000 after acquiring an additional 1,795,590 shares during the period. Invesco Ltd. purchased a new position in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at about $53,703,000. Finally, Independent Advisor Alliance bought a new position in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter valued at approximately $38,858,000.

Invesco S&P 500 Top 50 ETF Trading Down 0.2 %

NYSEARCA:XLG opened at $43.19 on Friday. The firm’s 50 day moving average is $47.07 and its 200 day moving average is $48.76. Invesco S&P 500 Top 50 ETF has a 12 month low of $39.50 and a 12 month high of $51.80. The stock has a market capitalization of $7.51 billion, a PE ratio of 26.47 and a beta of 1.01.

Invesco S&P 500 Top 50 ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

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