8,591 Invesco S&P 500 Top 50 ETF $XLG Shares Sold by M Holdings Securities Inc.

M Holdings Securities Inc. trimmed its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 60.9% in the third quarter, according to its most recent filing with the SEC. The firm owned 5,508 shares of the company’s stock after selling 8,591 shares during the period. M Holdings Securities Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $350,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the business. StoneX Group Inc. acquired a new position in Invesco S&P 500 Top 50 ETF in the third quarter worth about $671,000. Flagship Wealth Advisors LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 5.5% during the third quarter. Flagship Wealth Advisors LLC now owns 142,998 shares of the company’s stock valued at $9,096,000 after purchasing an additional 7,398 shares in the last quarter. United Advisor Group LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 13.6% during the third quarter. United Advisor Group LLC now owns 17,498 shares of the company’s stock valued at $1,113,000 after purchasing an additional 2,096 shares in the last quarter. Heritage Family Offices LLP acquired a new stake in Invesco S&P 500 Top 50 ETF during the third quarter valued at approximately $177,000. Finally, Burke & Herbert Bank & Trust Co. bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the 3rd quarter valued at approximately $229,000.

Invesco S&P 500 Top 50 ETF Trading Up 1.5%

XLG stock opened at $61.52 on Thursday. Invesco S&P 500 Top 50 ETF has a 1-year low of $52.60 and a 1-year high of $65.26. The business’s 50 day moving average is $63.06 and its 200-day moving average is $60.75. The firm has a market cap of $11.52 billion, a P/E ratio of 27.80 and a beta of 1.06.

About Invesco S&P 500 Top 50 ETF

Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) is an exchange-traded fund managed by Invesco Ltd. The fund seeks to provide investment results that generally correspond to the performance of the S&P 500 Top 50 Index, which is designed to track the 50 largest companies in the S&P 500 Index. XLG provides focused exposure to large-cap U.S. equities across a range of industries, including information technology, consumer, health care, financial services and communications. Its holdings are generally weighted according to the methodology of the underlying index, giving investors access to many of the largest publicly traded companies in the United States through a single fund.