Brookstone Capital Management Grows Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

by · The Markets Daily

Brookstone Capital Management boosted its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 16.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 91,675 shares of the company’s stock after buying an additional 12,908 shares during the period. Brookstone Capital Management owned approximately 0.09% of Invesco S&P 500 Top 50 ETF worth $4,357,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Voisard Asset Management Group Inc. acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter worth $28,000. Pineridge Advisors LLC purchased a new position in Invesco S&P 500 Top 50 ETF during the 2nd quarter worth $42,000. International Assets Investment Management LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF in the second quarter valued at about $73,000. VitalStone Financial LLC raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 21.7% in the first quarter. VitalStone Financial LLC now owns 1,789 shares of the company’s stock valued at $75,000 after buying an additional 319 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. raised its stake in Invesco S&P 500 Top 50 ETF by 412.2% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 1,926 shares of the company’s stock valued at $81,000 after acquiring an additional 1,550 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Down 0.1 %

Shares of NYSEARCA:XLG opened at $47.86 on Friday. The company has a market cap of $4.67 billion, a price-to-earnings ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $32.74 and a fifty-two week high of $47.99. The firm’s 50-day simple moving average is $45.98 and its 200-day simple moving average is $44.54.

Invesco S&P 500 Top 50 ETF Profile

(Free Report)

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.

Further Reading

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