Goldman Sachs Group Inc. Acquires 918,032 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Goldman Sachs Group Inc. grew its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 5,426.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 934,951 shares of the company’s stock after purchasing an additional 918,032 shares during the quarter. Goldman Sachs Group Inc. owned approximately 1.36% of Invesco S&P 500 Top 50 ETF worth $35,266,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of XLG. Ameriprise Financial Inc. grew its position in shares of Invesco S&P 500 Top 50 ETF by 2,249.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,918,023 shares of the company’s stock worth $65,132,000 after buying an additional 1,836,373 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of Invesco S&P 500 Top 50 ETF by 24.1% in the 4th quarter. Wells Fargo & Company MN now owns 1,885,749 shares of the company’s stock worth $71,130,000 after buying an additional 365,767 shares during the last quarter. UBS Group AG grew its position in shares of Invesco S&P 500 Top 50 ETF by 16.0% in the 4th quarter. UBS Group AG now owns 1,766,931 shares of the company’s stock worth $66,649,000 after buying an additional 243,950 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in shares of Invesco S&P 500 Top 50 ETF by 76.1% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 859,735 shares of the company’s stock worth $32,429,000 after buying an additional 371,543 shares during the last quarter. Finally, Stifel Financial Corp grew its position in shares of Invesco S&P 500 Top 50 ETF by 123.4% in the 4th quarter. Stifel Financial Corp now owns 845,050 shares of the company’s stock worth $31,875,000 after buying an additional 466,733 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Down 0.3 %

Shares of Invesco S&P 500 Top 50 ETF stock opened at $45.73 on Friday. The company has a market cap of $4.46 billion, a P/E ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 52-week low of $32.74 and a 52-week high of $46.31. The firm’s 50 day moving average price is $42.93 and its 200-day moving average price is $40.87.

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.