Avantax Advisory Services Inc. Acquires 302 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

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Avantax Advisory Services Inc. boosted its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLGGet Rating) by 41.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,030 shares of the company’s stock after purchasing an additional 302 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $362,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in XLG. Newbridge Financial Services Group Inc. lifted its position in shares of Invesco S&P 500 Top 50 ETF by 63.4% in the 1st quarter. Newbridge Financial Services Group Inc. now owns 760 shares of the company’s stock worth $267,000 after acquiring an additional 295 shares during the period. Stratos Wealth Advisors LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF by 3.6% in the 1st quarter. Stratos Wealth Advisors LLC now owns 8,602 shares of the company’s stock worth $3,024,000 after acquiring an additional 299 shares during the period. Ieq Capital LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF by 24.5% in the 1st quarter. Ieq Capital LLC now owns 1,549 shares of the company’s stock worth $544,000 after acquiring an additional 305 shares during the period. Bogart Wealth LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF by 11.9% in the 1st quarter. Bogart Wealth LLC now owns 480 shares of the company’s stock worth $169,000 after acquiring an additional 51 shares during the period. Finally, GFS Advisors LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF by 96.2% in the 1st quarter. GFS Advisors LLC now owns 3,070 shares of the company’s stock worth $1,079,000 after acquiring an additional 1,505 shares during the period.

Invesco S&P 500 Top 50 ETF Trading Up 2.6 %

Shares of XLG stock opened at $300.18 on Wednesday. The stock has a 50 day moving average of $296.07 and a two-hundred day moving average of $324.61. Invesco S&P 500 Top 50 ETF has a 12 month low of $275.57 and a 12 month high of $374.77.

Invesco S&P 500 Top 50 ETF Profile

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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.

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