Global Assets Advisory LLC Takes Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Global Assets Advisory LLC acquired a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 11,383 shares of the company’s stock, valued at approximately $480,000.

Other institutional investors have also recently made changes to their positions in the company. Fortune 45 LLC boosted its position in Invesco S&P 500 Top 50 ETF by 2.8% in the fourth quarter. Fortune 45 LLC now owns 9,671 shares of the company’s stock worth $365,000 after purchasing an additional 260 shares during the last quarter. Private Trust Co. NA grew its position in Invesco S&P 500 Top 50 ETF by 6.9% during the fourth quarter. Private Trust Co. NA now owns 4,060 shares of the company’s stock valued at $153,000 after buying an additional 261 shares during the period. Spire Wealth Management raised its position 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 acquiring an additional 511 shares during the period. Financial Gravity Asset Management Inc. boosted its stake in Invesco S&P 500 Top 50 ETF by 172.9% in the third quarter. Financial Gravity Asset Management Inc. now owns 955 shares of the company’s stock valued at $32,000 after acquiring an additional 605 shares during the last quarter. Finally, Key Client Fiduciary Advisors LLC grew its position in shares of Invesco S&P 500 Top 50 ETF by 7.3% during the 4th quarter. Key Client Fiduciary Advisors LLC now owns 9,155 shares of the company’s stock valued at $345,000 after acquiring an additional 620 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Up 0.1 %

Shares of XLG stock opened at $46.05 on Friday. Invesco S&P 500 Top 50 ETF has a 12-month low of $32.74 and a 12-month high of $46.31. The company has a 50 day moving average of $43.33 and a 200-day moving average of $41.13. The firm has a market cap of $4.49 billion, a P/E 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.