Transatlantique Private Wealth LLC Makes New Investment in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Transatlantique Private Wealth LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 15,777 shares of the company’s stock, valued at approximately $722,000.

A number of other institutional investors have also modified their holdings of XLG. LPL Financial LLC lifted its holdings in Invesco S&P 500 Top 50 ETF by 6.6% during the 2nd quarter. LPL Financial LLC now owns 7,237,697 shares of the company’s stock worth $331,125,000 after buying an additional 448,925 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of Invesco S&P 500 Top 50 ETF by 24.1% during the fourth quarter. Wells Fargo & Company MN now owns 1,885,749 shares of the company’s stock worth $71,130,000 after acquiring an additional 365,767 shares during the period. UBS Group AG raised its stake in shares of Invesco S&P 500 Top 50 ETF by 16.0% in the fourth quarter. UBS Group AG now owns 1,766,931 shares of the company’s stock valued at $66,649,000 after acquiring an additional 243,950 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in Invesco S&P 500 Top 50 ETF by 20.6% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,305,381 shares of the company’s stock valued at $59,721,000 after purchasing an additional 223,301 shares during the period. Finally, Goldman Sachs Group Inc. grew its stake in Invesco S&P 500 Top 50 ETF by 5,426.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 934,951 shares of the company’s stock worth $35,266,000 after purchasing an additional 918,032 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

XLG stock opened at $47.14 on Friday. The firm has a market capitalization of $4.60 billion, a P/E ratio of 2.92 and a beta of 1.08. The business’s 50-day moving average is $45.60 and its two-hundred day moving average is $44.01. Invesco S&P 500 Top 50 ETF has a 1 year low of $32.74 and a 1 year high of $47.99.

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.