5,230 Shares in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Bought by Gentry Private Wealth LLC

Gentry Private Wealth LLC purchased a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,230 shares of the company’s stock, valued at approximately $239,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC bought a new position in Invesco S&P 500 Top 50 ETF during the 4th quarter worth approximately $2,362,000. Spire Wealth Management boosted its holdings in Invesco S&P 500 Top 50 ETF by 9.9% in the fourth quarter. Spire Wealth Management now owns 5,666 shares of the company’s stock worth $220,000 after purchasing an additional 511 shares during the period. Principal Securities Inc. acquired a new position in Invesco S&P 500 Top 50 ETF in the fourth quarter worth $2,125,000. Dana Investment Advisors Inc. increased its stake in Invesco S&P 500 Top 50 ETF by 23.6% during the fourth quarter. Dana Investment Advisors Inc. now owns 33,325 shares of the company’s stock valued at $1,257,000 after purchasing an additional 6,367 shares during the last quarter. Finally, NBC Securities Inc. raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 60.9% during the fourth quarter. NBC Securities Inc. now owns 6,603 shares of the company’s stock worth $249,000 after purchasing an additional 2,500 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Performance

NYSEARCA XLG opened at $44.30 on Friday. Invesco S&P 500 Top 50 ETF has a one year low of $32.74 and a one year high of $47.99. The company has a 50-day simple moving average of $45.77 and a 200-day simple moving average of $43.66. The firm has a market capitalization of $4.32 billion, a PE ratio of 2.92 and a beta of 1.08.

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.