Viawealth LLC Decreases Position in Invesco S&P 500 Top 50 ETF $XLG

Viawealth LLC trimmed its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 18.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,950 shares of the company’s stock after selling 880 shares during the period. Viawealth LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $206,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of XLG. Cullen Frost Bankers Inc. lifted its position in shares of Invesco S&P 500 Top 50 ETF by 0.8% in the second quarter. Cullen Frost Bankers Inc. now owns 22,335 shares of the company’s stock valued at $1,164,000 after acquiring an additional 188 shares in the last quarter. Balboa Wealth Partners raised its stake in Invesco S&P 500 Top 50 ETF by 2.2% in the 2nd quarter. Balboa Wealth Partners now owns 9,660 shares of the company’s stock valued at $503,000 after purchasing an additional 210 shares during the last quarter. Smith Salley Wealth Management raised its stake in Invesco S&P 500 Top 50 ETF by 2.9% in the 2nd quarter. Smith Salley Wealth Management now owns 7,555 shares of the company’s stock valued at $394,000 after purchasing an additional 215 shares during the last quarter. Pacific Sun Financial Corp lifted its holdings in Invesco S&P 500 Top 50 ETF by 3.2% in the 2nd quarter. Pacific Sun Financial Corp now owns 6,839 shares of the company’s stock valued at $356,000 after purchasing an additional 215 shares in the last quarter. Finally, Concord Wealth Partners boosted its stake in Invesco S&P 500 Top 50 ETF by 13.3% during the 2nd quarter. Concord Wealth Partners now owns 1,853 shares of the company’s stock worth $97,000 after purchasing an additional 217 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 0.6%

Invesco S&P 500 Top 50 ETF stock opened at $59.30 on Thursday. The company has a fifty day simple moving average of $58.25 and a 200-day simple moving average of $54.53. The firm has a market capitalization of $11.40 billion, a price-to-earnings ratio of 27.80 and a beta of 1.03. Invesco S&P 500 Top 50 ETF has a 52-week low of $39.50 and a 52-week high of $60.63.

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.