Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Stock Holdings Lifted by SignalPoint Asset Management LLC

SignalPoint Asset Management LLC lifted its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 6.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 96,922 shares of the company’s stock after acquiring an additional 5,669 shares during the quarter. Invesco S&P 500 Top 50 ETF accounts for 1.2% of SignalPoint Asset Management LLC’s portfolio, making the stock its 13th largest holding. SignalPoint Asset Management LLC owned 0.10% of Invesco S&P 500 Top 50 ETF worth $4,842,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Integrated Wealth Concepts LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 5.0% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 182,494 shares of the company’s stock valued at $8,674,000 after purchasing an additional 8,687 shares during the period. JPMorgan Chase & Co. increased its stake in Invesco S&P 500 Top 50 ETF by 3.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 723,678 shares of the company’s stock worth $34,396,000 after purchasing an additional 24,527 shares in the last quarter. Cetera Investment Advisers increased its stake in Invesco S&P 500 Top 50 ETF by 37.9% in the 2nd quarter. Cetera Investment Advisers now owns 251,440 shares of the company’s stock worth $11,503,000 after purchasing an additional 69,107 shares in the last quarter. Keystone Wealth Services LLC increased its stake in Invesco S&P 500 Top 50 ETF by 5.5% in the 3rd quarter. Keystone Wealth Services LLC now owns 47,023 shares of the company’s stock worth $2,235,000 after purchasing an additional 2,457 shares in the last quarter. Finally, Claro Advisors LLC purchased a new position in Invesco S&P 500 Top 50 ETF in the 3rd quarter worth about $422,000.

Invesco S&P 500 Top 50 ETF Price Performance

NYSEARCA:XLG opened at $50.30 on Thursday. 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 stock’s 50-day moving average is $50.17 and its two-hundred day moving average is $47.81. The stock has a market cap of $4.90 billion, a PE 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.