Sanctuary Advisors LLC Makes New $7.24 Million Investment in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Sanctuary Advisors LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 158,249 shares of the company’s stock, valued at approximately $7,240,000. Sanctuary Advisors LLC owned approximately 0.16% of Invesco S&P 500 Top 50 ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Voisard Asset Management Group Inc. purchased a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter worth $28,000. Pineridge Advisors LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the 2nd quarter worth about $42,000. YHB Investment Advisors Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF in the 1st quarter worth about $59,000. International Assets Investment Management LLC bought a new stake in Invesco S&P 500 Top 50 ETF during the second quarter worth about $73,000. Finally, VitalStone Financial LLC grew its holdings in 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 worth $75,000 after purchasing an additional 319 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Performance

XLG stock opened at $47.48 on Friday. The firm has a 50 day moving average price of $45.83 and a 200-day moving average price of $44.41. Invesco S&P 500 Top 50 ETF has a 52-week low of $32.74 and a 52-week high of $47.99. The firm has a market capitalization of $4.63 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08.

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.