Elios Financial Group Inc. Purchases New Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Elios Financial Group Inc. bought a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 31,756 shares of the company’s stock, valued at approximately $1,509,000.

Several other hedge funds also recently modified their holdings of XLG. Bank of Montreal Can grew its holdings in Invesco S&P 500 Top 50 ETF by 1.4% during the third quarter. Bank of Montreal Can now owns 57,806 shares of the company’s stock valued at $2,732,000 after purchasing an additional 787 shares during the last quarter. Private Trust Co. NA boosted its stake in Invesco S&P 500 Top 50 ETF by 23.3% during the 3rd quarter. Private Trust Co. NA now owns 11,337 shares of the company’s stock valued at $539,000 after purchasing an additional 2,139 shares during the period. Truvestments Capital LLC acquired a new stake in Invesco S&P 500 Top 50 ETF in the 3rd quarter valued at approximately $3,813,000. Centaurus Financial Inc. grew its stake in shares of Invesco S&P 500 Top 50 ETF by 2.6% in the third quarter. Centaurus Financial Inc. now owns 224,971 shares of the company’s stock worth $10,693,000 after acquiring an additional 5,701 shares during the last quarter. Finally, Crewe Advisors LLC acquired a new position in Invesco S&P 500 Top 50 ETF during the 3rd quarter valued at $377,000.

Invesco S&P 500 Top 50 ETF Price Performance

NYSEARCA XLG opened at $49.16 on Tuesday. Invesco S&P 500 Top 50 ETF has a 52-week low of $36.06 and a 52-week high of $49.92. The firm has a market capitalization of $4.79 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. The company’s fifty day moving average is $48.12 and its two-hundred day moving average is $46.23.

Invesco S&P 500 Top 50 ETF Company 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.