Garden State Investment Advisory Services LLC Invests $211,000 in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Garden State Investment Advisory Services LLC acquired a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 4,610 shares of the company’s stock, valued at approximately $211,000.

Other institutional investors have also made changes to their positions in the company. Voisard Asset Management Group Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter worth about $28,000. Pineridge Advisors LLC acquired a new position in Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at approximately $42,000. YHB Investment Advisors Inc. acquired a new position in Invesco S&P 500 Top 50 ETF in the 1st quarter valued at approximately $59,000. International Assets Investment Management LLC acquired a new position in Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at approximately $73,000. Finally, VitalStone Financial LLC raised its holdings in 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 valued at $75,000 after acquiring an additional 319 shares in the last quarter.

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

Invesco S&P 500 Top 50 ETF stock opened at $47.14 on Friday. The business has a 50 day moving average price of $45.60 and a two-hundred day moving average price of $44.03. The stock has a market cap of $4.60 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 12 month low of $32.74 and a 12 month high of $47.99.

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.