Carolinas Wealth Consulting LLC Acquires 1,864 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Carolinas Wealth Consulting LLC increased its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 15.4% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 13,964 shares of the company’s stock after buying an additional 1,864 shares during the quarter. Carolinas Wealth Consulting LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $639,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. Voisard Asset Management Group Inc. bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter worth approximately $28,000. Pineridge Advisors LLC bought a new stake in Invesco S&P 500 Top 50 ETF in the 2nd quarter worth approximately $42,000. YHB Investment Advisors Inc. purchased a new stake in Invesco S&P 500 Top 50 ETF during the 1st quarter valued at $59,000. International Assets Investment Management LLC bought a new position in shares of Invesco S&P 500 Top 50 ETF during the 2nd quarter valued at $73,000. Finally, VitalStone Financial LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 21.7% in the 1st quarter. VitalStone Financial LLC now owns 1,789 shares of the company’s stock worth $75,000 after buying an additional 319 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

Invesco S&P 500 Top 50 ETF stock opened at $46.22 on Thursday. Invesco S&P 500 Top 50 ETF has a one year low of $32.74 and a one year high of $47.99. The stock has a fifty day moving average of $45.59 and a 200 day moving average of $43.95. The stock has a market cap of $4.51 billion, a PE ratio of 2.92 and a beta of 1.08.

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.