Fischer Investment Strategies LLC Has $1.52 Million Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Fischer Investment Strategies LLC raised its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 24.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 33,121 shares of the company’s stock after purchasing an additional 6,508 shares during the quarter. Invesco S&P 500 Top 50 ETF makes up about 1.5% of Fischer Investment Strategies LLC’s investment portfolio, making the stock its 16th largest position. Fischer Investment Strategies LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,515,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of XLG. Voisard Asset Management Group Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter valued at about $28,000. Pineridge Advisors LLC bought a new position in shares of Invesco S&P 500 Top 50 ETF in the second quarter worth about $42,000. YHB Investment Advisors Inc. acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the first quarter worth approximately $59,000. International Assets Investment Management LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the second quarter valued at approximately $73,000. Finally, VitalStone Financial LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 21.7% in the first quarter. VitalStone Financial LLC now owns 1,789 shares of the company’s stock valued at $75,000 after purchasing an additional 319 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

NYSEARCA:XLG opened at $47.14 on Friday. The company has a market cap of $4.60 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. The stock’s fifty day moving average price is $45.60 and its two-hundred day moving average price is $44.03. Invesco S&P 500 Top 50 ETF has a 52-week low of $32.74 and a 52-week 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.