Financial Partners Group LLC Purchases 1,520 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Financial Partners Group LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 3.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,887 shares of the company’s stock after acquiring an additional 1,520 shares during the quarter. Financial Partners Group LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,943,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Global Assets Advisory LLC acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the first quarter valued at approximately $480,000. Brookstone Capital Management lifted its holdings in Invesco S&P 500 Top 50 ETF by 11.4% during the 1st quarter. Brookstone Capital Management now owns 88,103 shares of the company’s stock valued at $3,712,000 after purchasing an additional 8,990 shares during the last quarter. Wealthcare Advisory Partners LLC bought a new position in Invesco S&P 500 Top 50 ETF during the first quarter worth $316,000. Grimes & Company Inc. bought a new position in Invesco S&P 500 Top 50 ETF during the first quarter worth $208,000. Finally, Cornerstone Wealth Group LLC acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the first quarter valued at $343,000.

Invesco S&P 500 Top 50 ETF Stock Performance

NYSEARCA XLG opened at $48.17 on Friday. The stock has a market cap of $4.70 billion, a PE ratio of 2.92 and a beta of 1.08. The firm has a 50-day moving average of $46.89 and a 200-day moving average of $45.00. Invesco S&P 500 Top 50 ETF has a 52-week low of $32.74 and a 52-week high of $48.74.

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.