Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Shares Purchased by Cooper Financial Group

Cooper Financial Group raised its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 8.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,901 shares of the company’s stock after purchasing an additional 398 shares during the quarter. Cooper Financial Group’s holdings in Invesco S&P 500 Top 50 ETF were worth $245,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. LPL Financial LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 10.2% in the third quarter. LPL Financial LLC now owns 7,979,467 shares of the company’s stock valued at $379,264,000 after acquiring an additional 741,770 shares during the last quarter. HighTower Advisors LLC raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 27.7% in the 3rd quarter. HighTower Advisors LLC now owns 925,321 shares of the company’s stock worth $43,982,000 after purchasing an additional 200,879 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of Invesco S&P 500 Top 50 ETF by 20.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 875,278 shares of the company’s stock valued at $40,044,000 after purchasing an additional 151,025 shares in the last quarter. Raymond James & Associates grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 69.7% during the 3rd quarter. Raymond James & Associates now owns 816,880 shares of the company’s stock worth $38,826,000 after purchasing an additional 335,532 shares during the period. Finally, Thrivent Financial for Lutherans raised its holdings in Invesco S&P 500 Top 50 ETF by 22.0% in the third quarter. Thrivent Financial for Lutherans now owns 810,478 shares of the company’s stock valued at $38,522,000 after buying an additional 146,219 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Down 0.4 %

Shares of XLG stock opened at $49.22 on Wednesday. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $37.67 and a fifty-two week high of $51.76. The firm’s 50 day moving average price is $50.14 and its two-hundred day moving average price is $47.79. The stock has a market cap of $4.80 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08.

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.