Invesco S&P 500 Top 50 ETF $XLG Shares Acquired by Truist Financial Corp

Truist Financial Corp lifted its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 11.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 71,382 shares of the company’s stock after buying an additional 7,425 shares during the quarter. Truist Financial Corp’s holdings in Invesco S&P 500 Top 50 ETF were worth $3,719,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Smith Salley Wealth Management raised its position in Invesco S&P 500 Top 50 ETF by 2.9% during the second quarter. Smith Salley Wealth Management now owns 7,555 shares of the company’s stock worth $394,000 after acquiring an additional 215 shares during the last quarter. TIAA Trust National Association raised its position in shares of Invesco S&P 500 Top 50 ETF by 4.1% during the 1st quarter. TIAA Trust National Association now owns 6,380 shares of the company’s stock worth $294,000 after purchasing an additional 251 shares during the last quarter. Keystone Wealth Services LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 1.2% during the 2nd quarter. Keystone Wealth Services LLC now owns 22,953 shares of the company’s stock worth $1,196,000 after purchasing an additional 271 shares during the last quarter. Pacific Sun Financial Corp raised its position in shares of Invesco S&P 500 Top 50 ETF by 4.3% during the 1st quarter. Pacific Sun Financial Corp now owns 6,624 shares of the company’s stock worth $305,000 after purchasing an additional 275 shares during the last quarter. Finally, Game Plan Financial Advisors LLC raised its holdings in shares of Invesco S&P 500 Top 50 ETF by 3.6% in the first quarter. Game Plan Financial Advisors LLC now owns 8,590 shares of the company’s stock worth $395,000 after acquiring an additional 300 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 0.7%

NYSEARCA XLG opened at $58.20 on Thursday. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $39.50 and a fifty-two week high of $58.21. The stock has a market cap of $11.17 billion, a price-to-earnings ratio of 27.80 and a beta of 1.00. The business has a fifty day moving average of $55.79 and a 200-day moving average of $51.12.

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.