Legacy Capital Group California Inc. Makes New $595,000 Investment in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Legacy Capital Group California Inc. acquired a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,702 shares of the company’s stock, valued at approximately $595,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. EP Wealth Advisors LLC purchased a new stake in Invesco S&P 500 Top 50 ETF during the first quarter valued at about $9,313,000. LPL Financial LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 37.5% during the 2nd quarter. LPL Financial LLC now owns 366,659 shares of the company’s stock worth $128,232,000 after purchasing an additional 100,023 shares during the period. RIA Advisory Group LLC increased its position in Invesco S&P 500 Top 50 ETF by 900.0% during the 2nd quarter. RIA Advisory Group LLC now owns 78,028 shares of the company’s stock worth $2,729,000 after purchasing an additional 70,225 shares in the last quarter. Avestar Capital LLC purchased a new position in Invesco S&P 500 Top 50 ETF in the second quarter valued at approximately $19,892,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in Invesco S&P 500 Top 50 ETF during the second quarter valued at approximately $1,836,000.

Invesco S&P 500 Top 50 ETF Trading Down 0.1 %

XLG traded down $0.03 during trading on Friday, hitting $36.34. 473,154 shares of the company’s stock were exchanged, compared to its average volume of 476,360. Invesco S&P 500 Top 50 ETF has a 1 year low of $27.08 and a 1 year high of $36.40. The stock has a 50 day moving average price of $34.67 and a 200 day moving average price of $34.44. The firm has a market cap of $2.50 billion, a P/E ratio of 19.22 and a beta of 1.00.

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.