Simplicity Wealth LLC Lowers Stock Holdings in Invesco S&P 500 Top 50 ETF $XLG

Simplicity Wealth LLC cut its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 69.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,753 shares of the company’s stock after selling 10,910 shares during the quarter. Simplicity Wealth LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $259,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in XLG. Great Diamond Partners LLC grew its stake in Invesco S&P 500 Top 50 ETF by 1.0% in the 4th quarter. Great Diamond Partners LLC now owns 18,199 shares of the company’s stock valued at $1,079,000 after acquiring an additional 175 shares during the period. Diversified Enterprises LLC raised its position in Invesco S&P 500 Top 50 ETF by 0.5% during the fourth quarter. Diversified Enterprises LLC now owns 33,492 shares of the company’s stock worth $1,985,000 after acquiring an additional 180 shares during the period. Horizon Wealth Management LLC lifted its holdings in Invesco S&P 500 Top 50 ETF by 1.0% during the fourth quarter. Horizon Wealth Management LLC now owns 19,032 shares of the company’s stock valued at $1,128,000 after purchasing an additional 180 shares in the last quarter. Compass Capital Corp MA ADV lifted its holdings in Invesco S&P 500 Top 50 ETF by 5.1% during the fourth quarter. Compass Capital Corp MA ADV now owns 3,877 shares of the company’s stock valued at $227,000 after purchasing an additional 188 shares in the last quarter. Finally, IFP Advisors Inc grew its position in shares of Invesco S&P 500 Top 50 ETF by 1.2% in the third quarter. IFP Advisors Inc now owns 16,104 shares of the company’s stock valued at $926,000 after purchasing an additional 196 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Up 0.8%

XLG stock opened at $62.20 on Thursday. Invesco S&P 500 Top 50 ETF has a 52 week low of $52.43 and a 52 week high of $64.77. The firm has a 50-day simple moving average of $62.21 and a 200-day simple moving average of $59.40. The stock has a market capitalization of $10.88 billion, a P/E ratio of 27.80 and a beta of 1.06.

About Invesco S&P 500 Top 50 ETF

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.