Invesco S&P 500 Top 50 ETF $XLG Stock Holdings Reduced by Copia Wealth Management

Copia Wealth Management reduced its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 6.5% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 61,655 shares of the company’s stock after selling 4,262 shares during the period. Invesco S&P 500 Top 50 ETF accounts for about 2.7% of Copia Wealth Management’s portfolio, making the stock its 10th largest position. Copia Wealth Management’s holdings in Invesco S&P 500 Top 50 ETF were worth $3,212,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of XLG. SouthState Corp bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the 1st quarter valued at about $28,000. MTM Investment Management LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the 1st quarter valued at about $30,000. Y.D. More Investments Ltd boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 149.2% in the 1st quarter. Y.D. More Investments Ltd now owns 648 shares of the company’s stock valued at $30,000 after buying an additional 388 shares in the last quarter. Financial Gravity Asset Management Inc. bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the 1st quarter valued at about $43,000. Finally, Blue Trust Inc. boosted its holdings in shares of Invesco S&P 500 Top 50 ETF by 140.8% in the 2nd quarter. Blue Trust Inc. now owns 973 shares of the company’s stock valued at $51,000 after buying an additional 569 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

NYSEARCA:XLG opened at $57.14 on Wednesday. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $39.50 and a fifty-two week high of $58.48. The stock has a market capitalization of $10.95 billion, a P/E ratio of 27.80 and a beta of 1.00. The company’s 50-day simple moving average is $56.10 and its 200-day simple moving average is $51.43.

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.