Spire Wealth Management Sells 273 Shares of Invesco S&P 500 Top 50 ETF $XLG

Spire Wealth Management decreased its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 1.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,700 shares of the company’s stock after selling 273 shares during the period. Spire Wealth Management’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,078,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of New York Mellon Corp purchased a new position in Invesco S&P 500 Top 50 ETF during the first quarter valued at $110,557,000. Invesco Ltd. raised its stake in Invesco S&P 500 Top 50 ETF by 212.9% during the 1st quarter. Invesco Ltd. now owns 3,363,435 shares of the company’s stock worth $154,785,000 after acquiring an additional 2,288,508 shares during the period. Principle Wealth Partners LLC lifted its holdings in Invesco S&P 500 Top 50 ETF by 85.0% during the second quarter. Principle Wealth Partners LLC now owns 2,682,223 shares of the company’s stock valued at $139,744,000 after purchasing an additional 1,232,337 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Invesco S&P 500 Top 50 ETF by 225.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,720,414 shares of the company’s stock worth $79,173,000 after purchasing an additional 1,192,557 shares during the period. Finally, Bogart Wealth LLC boosted its position in shares of Invesco S&P 500 Top 50 ETF by 17,727.9% in the first quarter. Bogart Wealth LLC now owns 1,044,004 shares of the company’s stock worth $48,045,000 after purchasing an additional 1,038,148 shares during the period.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of XLG stock opened at $59.90 on Friday. Invesco S&P 500 Top 50 ETF has a one year low of $39.50 and a one year high of $60.63. The company’s fifty day moving average price is $57.16 and its 200-day moving average price is $52.77. The company has a market capitalization of $11.52 billion, a price-to-earnings ratio of 27.80 and a beta of 1.03.

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.