Capstone Wealth Management Group LLC Acquires 16,452 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Capstone Wealth Management Group LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 17.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 111,657 shares of the company’s stock after purchasing an additional 16,452 shares during the quarter. Invesco S&P 500 Top 50 ETF comprises about 3.0% of Capstone Wealth Management Group LLC’s portfolio, making the stock its 11th biggest position. Capstone Wealth Management Group LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $5,578,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. increased its stake in Invesco S&P 500 Top 50 ETF by 20.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 875,278 shares of the company’s stock worth $40,044,000 after buying an additional 151,025 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of Invesco S&P 500 Top 50 ETF by 81.7% in the second quarter. Renaissance Technologies LLC now owns 141,200 shares of the company’s stock valued at $6,460,000 after acquiring an additional 63,500 shares in the last quarter. Blair William & Co. IL raised its stake in shares of Invesco S&P 500 Top 50 ETF by 8.2% in the second quarter. Blair William & Co. IL now owns 24,010 shares of the company’s stock valued at $1,098,000 after acquiring an additional 1,820 shares in the last quarter. Carolinas Wealth Consulting LLC increased its holdings in Invesco S&P 500 Top 50 ETF by 15.4% in the second quarter. Carolinas Wealth Consulting LLC now owns 13,964 shares of the company’s stock valued at $639,000 after buying an additional 1,864 shares during the last quarter. Finally, Brighton Jones LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 27.0% during the second quarter. Brighton Jones LLC now owns 7,599 shares of the company’s stock worth $348,000 after purchasing an additional 1,617 shares during the last quarter.

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

NYSEARCA XLG opened at $49.22 on Wednesday. The firm has a market cap of $4.80 billion, a P/E ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 52-week low of $37.67 and a 52-week high of $51.76. The business’s 50-day moving average price is $50.14 and its 200 day moving average price is $47.79.

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.