Invesco S&P 500® Top 50 ETF company info

What does Invesco S&P 500® Top 50 ETF do?
Invesco S&P 500® Top 50 ETF (NYSE:XLG) is a prominent exchange-traded fund designed to track the performance of the 50 largest stocks within the S&P 500 index. This ETF is focused on investing in a diversified portfolio of leading American companies across various sectors, aiming to replicate the performance of the S&P 500® Top 50 Index. Through strategic asset allocation and rigorous market analysis, Invesco S&P 500® Top 50 ETF seeks to offer investors large-cap equity exposure, thereby aiming for capital growth over the long term. Its main objective is to provide investment results that, before expenses, correspond generally to the price and yield performance of its underlying index, making it an attractive option for investors looking for exposure to the top echelon of the US stock market.
Invesco S&P 500® Top 50 ETF company media
Company Snapshot

Is Invesco S&P 500® Top 50 ETF a public or private company?

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Ownership
Public

How many people does Invesco S&P 500® Top 50 ETF employ?

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Employees
5,004

What sector is Invesco S&P 500® Top 50 ETF in?

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Sector
ETF

Where is the head office for Invesco S&P 500® Top 50 ETF?

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Head Office
Atlanta, United States

What year was Invesco S&P 500® Top 50 ETF founded?

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Year Founded
2005
What does Invesco S&P 500® Top 50 ETF specialise in?
/Large Cap /Exchange Traded Fund /Equity Investment /Asset Management /Market Index /Financial Services

What are the products and/or services of Invesco S&P 500® Top 50 ETF?

Overview of Invesco S&P 500® Top 50 ETF offerings
Exchange-Traded Fund (ETF): Similar to a stock, it trades on a stock exchange throughout the day, but instead of representing a single company, it holds a basket of assets, in this case, the holdings of the S&P 500 Top 50 Index.
S&P 500® Top 50 Index: This index tracks the 50 largest companies (based on market capitalization) within the S&P 500® Index. The S&P 500 itself is a stock market index that measures the performance of the top 500 publicly traded companies in the US.
It offers diversification across various sectors of the US economy by holding the top 50 companies.
It aims to track the performance of the S&P 500 Top 50 Index, not actively outperform it.
It is considered non-diversified compared to broader market ETFs due to its focus on a smaller number of companies.