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Invesco S&P 500 Top 50 ETF (XLG) is upgraded to buy as valuation compresses and earnings growth estimates rise. XLG trades near a 23x forward P/E, with a PEG ratio close to 2 and a 12%+ long-term earnings growth rate. The ETF is heavily weighted to Information Technology (43%), increasing concentration risk but offering GARP appeal.

Fisher Asset Management LLC cut its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 14.4% during the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 58,209 shares of the company's stock after selling 9,753 shares during the

Capstone Wealth Management Group LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 180,861 shares of the company's stock, valued at approximately $10,403,000.

Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG - Get Free Report) saw an uptick in trading volume on Friday. 3,422,828 shares were traded during mid-day trading, a decline of 15% from the previous session's volume of 4,033,422 shares.The stock last traded at $57.3410 and had previously closed at $57.17. Invesco S&P 500

Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG - Get Free Report) was the target of a large increase in short interest in January. As of January 30th, there was short interest totaling 527,560 shares, an increase of 68.6% from the January 15th total of 312,982 shares. Approximately 0.3% of the shares of the stock are