Strategic Financial Concepts LLC Buys Shares of 50,329 Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Strategic Financial Concepts LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 50,329 shares of the company’s stock, valued at approximately $2,514,000.

Other institutional investors also recently modified their holdings of the company. Hager Investment Management Services LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter valued at $30,000. Abound Wealth Management acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at $30,000. Decker Retirement Planning Inc. acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at $34,000. Concord Wealth Partners acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the 3rd quarter valued at $47,000. Finally, Crews Bank & Trust acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at $87,000.

Invesco S&P 500 Top 50 ETF Trading Up 0.8 %

XLG stock opened at $51.00 on Tuesday. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.75 and a 1 year high of $51.80. The company has a fifty day simple moving average of $50.67 and a 200 day simple moving average of $48.30. The firm has a market cap of $4.97 billion, a PE 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.