Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Shares Purchased by Assetmark Inc.

Assetmark Inc. increased its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 2,175.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,366 shares of the company’s stock after purchasing an additional 2,262 shares during the quarter. Assetmark Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $112,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Pineridge Advisors LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at about $42,000. Concord Wealth Partners purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the 3rd quarter valued at about $47,000. International Assets Investment Management LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at about $73,000. First Personal Financial Services purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at about $97,000. Finally, Centennial Bank AR purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at about $101,000.

Invesco S&P 500 Top 50 ETF Stock Down 1.8 %

XLG stock opened at $48.56 on Monday. The business has a 50 day moving average price of $47.73 and a 200 day moving average price of $45.89. The stock has a market cap of $4.73 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $36.06 and a fifty-two week high of $49.92.

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.