Truist Financial Corp Sells 9,132 Shares of Invesco S&P 500 Top 50 ETF $XLG

Truist Financial Corp trimmed its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 12.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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 at the end of the most recent reporting period.

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

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

NYSEARCA XLG opened at $62.85 on Tuesday. Invesco S&P 500 Top 50 ETF has a 52 week low of $47.81 and a 52 week high of $63.07. The firm has a market capitalization of $11.07 billion, a P/E ratio of 27.80 and a beta of 1.05. The company has a 50-day moving average price of $57.56 and a 200-day moving average price of $58.38.

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. 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.