Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) is Bricktown Capital LLC’s 8th Largest Position

Bricktown Capital LLC lessened its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 52.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 283,766 shares of the company’s stock after selling 310,156 shares during the quarter. Invesco S&P 500 Top 50 ETF accounts for 2.5% of Bricktown Capital LLC’s investment portfolio, making the stock its 8th biggest position. Bricktown Capital LLC owned 0.29% of Invesco S&P 500 Top 50 ETF worth $13,487,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in XLG. LPL Financial LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 6.6% during the second quarter. LPL Financial LLC now owns 7,237,697 shares of the company’s stock valued at $331,125,000 after purchasing an additional 448,925 shares during the period. Raymond James Financial Services Advisors Inc. grew its holdings in Invesco S&P 500 Top 50 ETF by 20.6% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,305,381 shares of the company’s stock worth $59,721,000 after acquiring an additional 223,301 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Invesco S&P 500 Top 50 ETF by 5,426.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 934,951 shares of the company’s stock valued at $35,266,000 after acquiring an additional 918,032 shares during the period. GPS Wealth Strategies Group LLC raised its stake in shares of Invesco S&P 500 Top 50 ETF by 7.0% during the second quarter. GPS Wealth Strategies Group LLC now owns 927,894 shares of the company’s stock valued at $42,451,000 after acquiring an additional 60,665 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 20.9% during the second quarter. Envestnet Asset Management Inc. now owns 875,278 shares of the company’s stock worth $40,044,000 after purchasing an additional 151,025 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of NYSEARCA XLG traded down $0.09 during trading hours on Monday, hitting $47.39. The company’s stock had a trading volume of 239,402 shares, compared to its average volume of 1,449,271. Invesco S&P 500 Top 50 ETF has a 12 month low of $32.74 and a 12 month high of $47.99. The stock has a market cap of $4.62 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. The business has a 50-day simple moving average of $45.83 and a 200-day simple moving average of $44.45.

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.