Rappaport Reiches Capital Management LLC grew its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 14.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 20,091 shares of the company’s stock after purchasing an additional 2,584 shares during the period. Rappaport Reiches Capital Management LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,004,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Abound Wealth Management bought a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at $30,000. Decker Retirement Planning Inc. bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter valued at about $34,000. Concord Wealth Partners acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the third quarter worth about $47,000. Investors Research Corp raised its position in Invesco S&P 500 Top 50 ETF by 126.7% in the 3rd quarter. Investors Research Corp now owns 1,909 shares of the company’s stock valued at $91,000 after buying an additional 1,067 shares during the last quarter. Finally, Centennial Bank AR acquired a new stake in Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at approximately $101,000.
Invesco S&P 500 Top 50 ETF Stock Up 0.5 %
NYSEARCA:XLG opened at $51.63 on Friday. The company has a market cap of $5.03 billion, a P/E ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a twelve month low of $38.82 and a twelve month high of $51.76. The business has a 50 day moving average price of $50.26 and a two-hundred day moving average price of $47.94.
About Invesco S&P 500 Top 50 ETF
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.
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