Truist Financial Corp increased its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 1.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 29,649 shares of the company’s stock after acquiring an additional 426 shares during the quarter. Truist Financial Corp’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,481,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in the stock. Abound Wealth Management bought a new position in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth about $30,000. Hager Investment Management Services LLC acquired a new position in Invesco S&P 500 Top 50 ETF during the 4th quarter worth approximately $30,000. Decker Retirement Planning Inc. bought a new position in Invesco S&P 500 Top 50 ETF in the fourth quarter worth approximately $34,000. Golden State Wealth Management LLC acquired a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at approximately $58,000. Finally, Crews Bank & Trust bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter valued at approximately $87,000.
Invesco S&P 500 Top 50 ETF Trading Down 2.1 %
Invesco S&P 500 Top 50 ETF stock opened at $48.77 on Friday. The firm’s fifty day moving average price is $50.68 and its two-hundred day moving average price is $48.90. The firm has a market capitalization of $8.77 billion, a price-to-earnings ratio of 29.57 and a beta of 1.01. Invesco S&P 500 Top 50 ETF has a 1-year low of $39.75 and a 1-year high of $51.80.
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.
Featured Articles
- Five stocks we like better than Invesco S&P 500 Top 50 ETF
- What Does Downgrade Mean in Investing?
- Volatility Is Back: 3 Stocks To Cushion the S&P 500’s Swings
- What is the Shanghai Stock Exchange Composite Index?
- 2 Catalysts That Could Push NVIDIA Stock Up 30% This Year
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Do GM Stock Buybacks Make the Stock Buyable For Investors?
Want to see what other hedge funds are holding XLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report).
Receive News & Ratings for Invesco S&P 500 Top 50 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Top 50 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
