Forvis Mazars Wealth Advisors LLC Acquires New Shares in Invesco S&P 500 Top 50 ETF $XLG

Forvis Mazars Wealth Advisors LLC acquired a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 8,100 shares of the company’s stock, valued at approximately $422,000.

Other large investors have also recently added to or reduced their stakes in the company. SouthState Corp bought a new position in Invesco S&P 500 Top 50 ETF during the 1st quarter worth about $28,000. Harbor Asset Planning Inc. acquired a new stake in Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at about $31,000. MTM Investment Management LLC acquired a new stake in Invesco S&P 500 Top 50 ETF in the 1st quarter valued at about $30,000. Y.D. More Investments Ltd lifted its position in Invesco S&P 500 Top 50 ETF by 149.2% during the first quarter. Y.D. More Investments Ltd now owns 648 shares of the company’s stock worth $30,000 after acquiring an additional 388 shares during the last quarter. Finally, Financial Gravity Asset Management Inc. acquired a new stake in Invesco S&P 500 Top 50 ETF during the first quarter worth approximately $43,000.

Invesco S&P 500 Top 50 ETF Trading Up 1.1%

Shares of XLG opened at $58.19 on Tuesday. Invesco S&P 500 Top 50 ETF has a 12 month low of $39.50 and a 12 month high of $58.48. The firm’s 50 day moving average is $56.37 and its 200-day moving average is $51.83. The stock has a market capitalization of $11.18 billion, a PE ratio of 27.80 and a beta of 1.00.

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.