Northwestern Mutual Wealth Management Co. Sells 39,690 Shares of Invesco S&P 500 Top 50 ETF $XLG

Northwestern Mutual Wealth Management Co. decreased its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 2.3% during the second quarter, according to its most recent filing with the SEC. The firm owned 1,680,724 shares of the company’s stock after selling 39,690 shares during the period. Northwestern Mutual Wealth Management Co. owned 0.92% of Invesco S&P 500 Top 50 ETF worth $87,566,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of XLG. Johnson Financial Group Inc. raised its stake in Invesco S&P 500 Top 50 ETF by 1.6% in the second quarter. Johnson Financial Group Inc. now owns 1,740,907 shares of the company’s stock worth $90,701,000 after buying an additional 27,939 shares in the last quarter. Hobbs Wealth Management LLC boosted its position in Invesco S&P 500 Top 50 ETF by 69.6% during the second quarter. Hobbs Wealth Management LLC now owns 80,485 shares of the company’s stock valued at $4,193,000 after purchasing an additional 33,016 shares in the last quarter. Choreo LLC grew its stake in Invesco S&P 500 Top 50 ETF by 7.5% in the second quarter. Choreo LLC now owns 11,225 shares of the company’s stock valued at $585,000 after purchasing an additional 783 shares during the last quarter. Russell Investments Group Ltd. lifted its position in shares of Invesco S&P 500 Top 50 ETF by 151.8% during the second quarter. Russell Investments Group Ltd. now owns 1,536 shares of the company’s stock valued at $80,000 after buying an additional 926 shares during the last quarter. Finally, Maia Wealth LLC boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 59.7% in the 2nd quarter. Maia Wealth LLC now owns 77,821 shares of the company’s stock valued at $4,054,000 after buying an additional 29,101 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Up 0.5%

NYSEARCA XLG opened at $59.59 on Friday. Invesco S&P 500 Top 50 ETF has a 52 week low of $39.50 and a 52 week high of $60.63. The company has a 50 day moving average price of $58.33 and a 200 day moving average price of $54.64. The firm has a market cap of $11.46 billion, a PE 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.