US Bancorp DE Acquires 734 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

US Bancorp DE boosted its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLGFree Report) by 4.4% in the fourth quarter, Holdings Channel reports. The firm owned 17,469 shares of the company’s stock after purchasing an additional 734 shares during the quarter. US Bancorp DE’s holdings in Invesco S&P 500 Top 50 ETF were worth $659,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Financial Gravity Asset Management Inc. boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 172.9% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 955 shares of the company’s stock valued at $32,000 after purchasing an additional 605 shares in the last quarter. Headinvest LLC acquired a new position in Invesco S&P 500 Top 50 ETF in the third quarter valued at about $36,000. BKM Wealth Management LLC acquired a new position in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at about $46,000. Register Financial Advisors LLC bought a new stake in Invesco S&P 500 Top 50 ETF during the fourth quarter worth about $46,000. Finally, Assetmark Inc. increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 77.6% during the fourth quarter. Assetmark Inc. now owns 2,581 shares of the company’s stock worth $97,000 after buying an additional 1,128 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of XLG opened at $44.40 on Friday. The company has a market capitalization of $4.33 billion, a P/E ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a one year low of $32.74 and a one year high of $44.49. The business’s 50 day simple moving average is $42.14 and its 200-day simple moving average is $40.20.

Invesco S&P 500 Top 50 ETF 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.

See Also

Want to see what other hedge funds are holding XLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLGFree Report).

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

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