Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) is Demars Financial Group LLC’s 3rd Largest Position

Demars Financial Group LLC grew its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 14.7% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 471,012 shares of the company’s stock after buying an additional 60,412 shares during the quarter. Invesco S&P 500 Top 50 ETF accounts for approximately 10.2% of Demars Financial Group LLC’s portfolio, making the stock its 3rd biggest position. Demars Financial Group LLC owned approximately 0.48% of Invesco S&P 500 Top 50 ETF worth $22,387,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Pineridge Advisors LLC purchased a new stake in Invesco S&P 500 Top 50 ETF during the second quarter worth approximately $42,000. Concord Wealth Partners purchased a new stake in Invesco S&P 500 Top 50 ETF during the third quarter worth approximately $47,000. International Assets Investment Management LLC purchased a new stake in Invesco S&P 500 Top 50 ETF during the second quarter worth approximately $73,000. First Personal Financial Services purchased a new stake in Invesco S&P 500 Top 50 ETF during the second quarter worth approximately $97,000. Finally, Centennial Bank AR purchased a new stake in Invesco S&P 500 Top 50 ETF during the second quarter worth approximately $101,000.

Invesco S&P 500 Top 50 ETF Trading Up 0.3 %

XLG stock traded up $0.13 during trading on Friday, hitting $49.82. 1,145,519 shares of the company’s stock were exchanged, compared to its average volume of 1,403,659. The business has a 50-day moving average price of $47.32 and a two-hundred day moving average price of $45.55. Invesco S&P 500 Top 50 ETF has a 52-week low of $35.01 and a 52-week high of $49.92. The stock has a market capitalization of $4.86 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08.

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.