MONECO Advisors LLC Has $4.05 Million Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

MONECO Advisors LLC boosted its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 3.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 107,464 shares of the company’s stock after purchasing an additional 3,486 shares during the quarter. Invesco S&P 500 Top 50 ETF comprises 0.8% of MONECO Advisors LLC’s investment portfolio, making the stock its 26th biggest position. MONECO Advisors LLC owned 0.16% of Invesco S&P 500 Top 50 ETF worth $4,054,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. LPL Financial LLC raised its stake in Invesco S&P 500 Top 50 ETF by 1,154.0% in the third quarter. LPL Financial LLC now owns 4,598,014 shares of the company’s stock valued at $156,149,000 after purchasing an additional 4,231,355 shares in the last quarter. Ameriprise Financial Inc. grew its position in Invesco S&P 500 Top 50 ETF by 2,249.1% in the third quarter. Ameriprise Financial Inc. now owns 1,918,023 shares of the company’s stock valued at $65,132,000 after acquiring an additional 1,836,373 shares during the last quarter. Wilbanks Smith & Thomas Asset Management LLC grew its position in Invesco S&P 500 Top 50 ETF by 897.9% in the third quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 1,577,870 shares of the company’s stock valued at $53,584,000 after acquiring an additional 1,419,748 shares during the last quarter. UBS Group AG grew its position in Invesco S&P 500 Top 50 ETF by 899.0% in the third quarter. UBS Group AG now owns 1,522,981 shares of the company’s stock valued at $51,720,000 after acquiring an additional 1,370,533 shares during the last quarter. Finally, One Capital Management LLC grew its position in Invesco S&P 500 Top 50 ETF by 936.2% in the third quarter. One Capital Management LLC now owns 1,074,824 shares of the company’s stock valued at $36,501,000 after acquiring an additional 971,096 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Trading Down 1.6 %

Invesco S&P 500 Top 50 ETF stock traded down $0.66 during midday trading on Tuesday, reaching $40.56. The company’s stock had a trading volume of 1,120,162 shares, compared to its average volume of 1,155,669. The stock has a market cap of $3.95 billion, a PE ratio of 2.92 and a beta of 1.08. The business has a 50-day moving average price of $41.42 and a 200-day moving average price of $38.67. Invesco S&P 500 Top 50 ETF has a 52 week low of $31.07 and a 52 week high of $42.53.

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.