Abound Wealth Management Acquires New Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Abound Wealth Management acquired a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 603 shares of the company’s stock, valued at approximately $30,000.

Other large investors have also bought and sold shares of the company. Concord Wealth Partners purchased a new position in Invesco S&P 500 Top 50 ETF in the 3rd quarter worth approximately $47,000. Investors Research Corp raised its stake in shares of Invesco S&P 500 Top 50 ETF by 126.7% in the third quarter. Investors Research Corp now owns 1,909 shares of the company’s stock worth $91,000 after purchasing an additional 1,067 shares during the last quarter. Centennial Bank AR purchased a new stake in shares of Invesco S&P 500 Top 50 ETF during the second quarter valued at $101,000. Assetmark Inc. boosted its position in shares of Invesco S&P 500 Top 50 ETF by 2,175.0% during the third quarter. Assetmark Inc. now owns 2,366 shares of the company’s stock valued at $112,000 after buying an additional 2,262 shares during the last quarter. Finally, VitalStone Financial LLC increased its holdings in Invesco S&P 500 Top 50 ETF by 10.7% in the 3rd quarter. VitalStone Financial LLC now owns 2,691 shares of the company’s stock worth $128,000 after buying an additional 260 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Down 0.4 %

XLG traded down $0.21 during midday trading on Monday, hitting $49.29. 1,176,532 shares of the company traded hands, compared to its average volume of 1,542,195. The company’s 50-day moving average is $50.08 and its 200 day moving average is $47.74. Invesco S&P 500 Top 50 ETF has a 52 week low of $37.67 and a 52 week high of $51.76. The firm has a market capitalization of $4.81 billion, a PE 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.