Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Shares Bought by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC lifted its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 20.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 66,234 shares of the company’s stock after buying an additional 11,317 shares during the quarter. Concurrent Investment Advisors LLC owned approximately 0.07% of Invesco S&P 500 Top 50 ETF worth $3,148,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Leslie Global Wealth LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 36.5% during the third quarter. Leslie Global Wealth LLC now owns 14,712 shares of the company’s stock worth $699,000 after purchasing an additional 3,936 shares in the last quarter. United Advisor Group LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 18.7% during the 3rd quarter. United Advisor Group LLC now owns 8,747 shares of the company’s stock worth $416,000 after acquiring an additional 1,378 shares in the last quarter. Centennial Bank AR increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 222.7% in the 3rd quarter. Centennial Bank AR now owns 7,100 shares of the company’s stock valued at $337,000 after acquiring an additional 4,900 shares during the last quarter. KG&L Capital Management LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 15.2% during the 3rd quarter. KG&L Capital Management LLC now owns 18,074 shares of the company’s stock worth $859,000 after acquiring an additional 2,389 shares in the last quarter. Finally, Lansing Street Advisors lifted its stake in Invesco S&P 500 Top 50 ETF by 12.5% during the third quarter. Lansing Street Advisors now owns 8,955 shares of the company’s stock worth $426,000 after purchasing an additional 997 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 2.6 %

Shares of Invesco S&P 500 Top 50 ETF stock opened at $49.10 on Thursday. The firm has a market capitalization of $4.79 billion, a P/E ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 52 week low of $34.99 and a 52 week high of $49.15. The firm’s 50 day moving average is $47.18 and its two-hundred day moving average is $45.46.

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.