Total Clarity Wealth Management Inc. Has $1.21 Million Stake in Invesco S&P 500 Top 50 ETF $XLG

Total Clarity Wealth Management Inc. increased its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 181.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 20,326 shares of the company’s stock after buying an additional 13,112 shares during the period. Total Clarity Wealth Management Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,205,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in XLG. Belpointe Asset Management LLC increased its position in Invesco S&P 500 Top 50 ETF by 284.4% during the 3rd quarter. Belpointe Asset Management LLC now owns 20,364 shares of the company’s stock worth $1,171,000 after buying an additional 15,067 shares during the period. Aspire Capital Advisors LLC increased its position in Invesco S&P 500 Top 50 ETF by 55.1% during the 3rd quarter. Aspire Capital Advisors LLC now owns 133,700 shares of the company’s stock worth $7,690,000 after buying an additional 47,513 shares during the period. Fortis Capital Advisors LLC bought a new position in Invesco S&P 500 Top 50 ETF during the 3rd quarter worth $869,000. Retirement Planning Group LLC NY bought a new position in Invesco S&P 500 Top 50 ETF during the 3rd quarter worth $533,000. Finally, Cannon Advisors Inc. increased its position in Invesco S&P 500 Top 50 ETF by 40.4% during the 3rd quarter. Cannon Advisors Inc. now owns 29,829 shares of the company’s stock worth $1,732,000 after buying an additional 8,584 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of NYSEARCA XLG opened at $60.90 on Friday. Invesco S&P 500 Top 50 ETF has a 52 week low of $45.82 and a 52 week high of $61.07. The stock has a market capitalization of $10.71 billion, a P/E ratio of 27.80 and a beta of 1.05. The stock’s fifty day moving average is $57.08 and its 200 day moving average is $58.20.

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. 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.