Invesco S&P 500 Top 50 ETF $XLG Stock Sold by M Holdings Securities Inc.

M Holdings Securities Inc. lessened its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 60.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,508 shares of the company’s stock after selling 8,591 shares during the period. M Holdings Securities Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $350,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Principle Wealth Partners LLC increased its position in shares of Invesco S&P 500 Top 50 ETF by 0.6% during the 3rd quarter. Principle Wealth Partners LLC now owns 2,609,727 shares of the company’s stock worth $166,005,000 after purchasing an additional 16,768 shares in the last quarter. Johnson Financial Group Inc. boosted its position in Invesco S&P 500 Top 50 ETF by 2.7% in the first quarter. Johnson Financial Group Inc. now owns 2,071,676 shares of the company’s stock valued at $113,010,000 after buying an additional 53,884 shares in the last quarter. Lido Advisors LLC boosted its position in Invesco S&P 500 Top 50 ETF by 6.2% in the first quarter. Lido Advisors LLC now owns 1,327,458 shares of the company’s stock valued at $72,413,000 after buying an additional 77,171 shares in the last quarter. Demars Financial Group LLC grew its stake in Invesco S&P 500 Top 50 ETF by 3.6% during the third quarter. Demars Financial Group LLC now owns 804,452 shares of the company’s stock worth $51,171,000 after buying an additional 28,031 shares during the last quarter. Finally, Quattro Financial Advisors LLC grew its stake in Invesco S&P 500 Top 50 ETF by 42.8% during the third quarter. Quattro Financial Advisors LLC now owns 482,543 shares of the company’s stock worth $30,695,000 after buying an additional 144,683 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Trading Up 1.5%

NYSEARCA XLG opened at $61.52 on Thursday. The firm has a market cap of $11.52 billion, a price-to-earnings ratio of 27.80 and a beta of 1.06. The company has a 50 day moving average of $63.06 and a 200-day moving average of $60.75. Invesco S&P 500 Top 50 ETF has a 1-year low of $52.60 and a 1-year high of $65.26.

About Invesco S&P 500 Top 50 ETF

Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) is an exchange-traded fund managed by Invesco Ltd. The fund seeks to provide investment results that generally correspond to the performance of the S&P 500 Top 50 Index, which is designed to track the 50 largest companies in the S&P 500 Index. XLG provides focused exposure to large-cap U.S. equities across a range of industries, including information technology, consumer, health care, financial services and communications. Its holdings are generally weighted according to the methodology of the underlying index, giving investors access to many of the largest publicly traded companies in the United States through a single fund.