Total Clarity Wealth Management Inc. decreased its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 14.4% during the 2nd quarter, Holdings Channel.com reports. The firm owned 6,743 shares of the company’s stock after selling 1,132 shares during the period. Total Clarity Wealth Management Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $351,000 at the end of the most recent quarter.
Several other hedge funds have also made changes to their positions in XLG. Bank of New York Mellon Corp acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the first quarter worth $110,557,000. Invesco Ltd. boosted its holdings in Invesco S&P 500 Top 50 ETF by 212.9% in the first quarter. Invesco Ltd. now owns 3,363,435 shares of the company’s stock valued at $154,785,000 after acquiring an additional 2,288,508 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 130.2% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 2,505,947 shares of the company’s stock valued at $115,324,000 after acquiring an additional 1,417,535 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco S&P 500 Top 50 ETF by 225.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,720,414 shares of the company’s stock valued at $79,173,000 after acquiring an additional 1,192,557 shares during the last quarter. Finally, Means Investment CO. Inc. boosted its holdings in Invesco S&P 500 Top 50 ETF by 1,122.3% in the first quarter. Means Investment CO. Inc. now owns 1,267,671 shares of the company’s stock valued at $58,338,000 after acquiring an additional 1,163,956 shares during the last quarter.
Invesco S&P 500 Top 50 ETF Trading Up 1.8%
Shares of Invesco S&P 500 Top 50 ETF stock opened at $57.53 on Tuesday. Invesco S&P 500 Top 50 ETF has a twelve month low of $39.50 and a twelve month high of $58.48. The stock has a market capitalization of $11.02 billion, a P/E ratio of 27.80 and a beta of 1.00. The business’s fifty day moving average price is $56.03 and its 200 day moving average price is $51.39.
Invesco S&P 500 Top 50 ETF 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.
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