Truist Financial Corp Reduces Stock Position in Invesco S&P 500 Top 50 ETF $XLG

Truist Financial Corp reduced its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 12.2% in the 4th quarter, Holdings Channel reports. The fund owned 65,650 shares of the company’s stock after selling 9,132 shares during the period. Truist Financial Corp’s holdings in Invesco S&P 500 Top 50 ETF were worth $3,892,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. KPP Advisory Services LLC raised its holdings in Invesco S&P 500 Top 50 ETF by 14.1% in the 4th quarter. KPP Advisory Services LLC now owns 161,093 shares of the company’s stock worth $9,550,000 after purchasing an additional 19,949 shares during the period. Retirement Planning Group LLC NY lifted its holdings in Invesco S&P 500 Top 50 ETF by 5.5% in the 4th quarter. Retirement Planning Group LLC NY now owns 9,782 shares of the company’s stock valued at $580,000 after purchasing an additional 510 shares in the last quarter. One Wealth Advisors LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 5.1% during the 4th quarter. One Wealth Advisors LLC now owns 343,632 shares of the company’s stock worth $20,370,000 after purchasing an additional 16,819 shares during the last quarter. Essex Bank grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 10.2% during the fourth quarter. Essex Bank now owns 8,324 shares of the company’s stock worth $493,000 after buying an additional 772 shares in the last quarter. Finally, MN Wealth Advisors LLC grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 6.5% during the fourth quarter. MN Wealth Advisors LLC now owns 18,711 shares of the company’s stock worth $1,109,000 after buying an additional 1,138 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Trading Down 0.1%

XLG stock opened at $62.85 on Tuesday. Invesco S&P 500 Top 50 ETF has a 12 month low of $47.81 and a 12 month high of $63.07. The company has a market cap of $11.07 billion, a price-to-earnings ratio of 27.80 and a beta of 1.05. The firm has a 50-day moving average of $57.56 and a two-hundred day moving average of $58.38.

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. The Russell 3000 Index is an unmanaged capitalization-weighted index that offers investors access to the United States equity universe representing approximately 98% of the United States equity market.