Invesco S&P 500 Top 50 ETF $XLG Shares Sold by Maia Wealth LLC

Maia Wealth LLC lessened its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 18.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 137,611 shares of the company’s stock after selling 30,944 shares during the quarter. Invesco S&P 500 Top 50 ETF makes up approximately 1.3% of Maia Wealth LLC’s holdings, making the stock its 15th biggest holding. Maia Wealth LLC owned about 0.07% of Invesco S&P 500 Top 50 ETF worth $7,877,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Johnson Financial Group Inc. raised its stake in Invesco S&P 500 Top 50 ETF by 17.5% during the third quarter. Johnson Financial Group Inc. now owns 2,045,865 shares of the company’s stock worth $117,678,000 after acquiring an additional 304,958 shares during the period. Sound Income Strategies LLC raised its stake in Invesco S&P 500 Top 50 ETF by 4,166.5% during the fourth quarter. Sound Income Strategies LLC now owns 35,753 shares of the company’s stock worth $2,104,000 after acquiring an additional 34,915 shares during the period. Cypress Wealth Services LLC acquired a new stake in Invesco S&P 500 Top 50 ETF during the fourth quarter worth about $650,000. Elevation Capital Advisory LLC raised its stake in Invesco S&P 500 Top 50 ETF by 26.1% during the fourth quarter. Elevation Capital Advisory LLC now owns 161,707 shares of the company’s stock worth $9,586,000 after acquiring an additional 33,420 shares during the period. Finally, Elevation Point Wealth Partners LLC acquired a new stake in Invesco S&P 500 Top 50 ETF during the third quarter worth about $3,815,000.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of XLG stock opened at $61.21 on Thursday. Invesco S&P 500 Top 50 ETF has a 12-month low of $49.68 and a 12-month high of $64.77. The business has a 50 day simple moving average of $61.56 and a 200 day simple moving average of $59.17. The firm has a market capitalization of $10.78 billion, a price-to-earnings ratio of 27.80 and a beta of 1.05.

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.