Calton & Associates Inc. Acquires New Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Calton & Associates Inc. purchased a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 7,670 shares of the company’s stock, valued at approximately $383,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of XLG. LPL Financial LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 10.2% during the 3rd quarter. LPL Financial LLC now owns 7,979,467 shares of the company’s stock worth $379,264,000 after acquiring an additional 741,770 shares during the last quarter. HighTower Advisors LLC boosted its position in Invesco S&P 500 Top 50 ETF by 27.7% during the third quarter. HighTower Advisors LLC now owns 925,321 shares of the company’s stock worth $43,982,000 after purchasing an additional 200,879 shares during the period. Raymond James & Associates increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 69.7% in the third quarter. Raymond James & Associates now owns 816,880 shares of the company’s stock valued at $38,826,000 after purchasing an additional 335,532 shares during the last quarter. Thrivent Financial for Lutherans raised its position in shares of Invesco S&P 500 Top 50 ETF by 22.0% in the third quarter. Thrivent Financial for Lutherans now owns 810,478 shares of the company’s stock valued at $38,522,000 after purchasing an additional 146,219 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of Invesco S&P 500 Top 50 ETF by 28.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 774,712 shares of the company’s stock worth $36,822,000 after buying an additional 173,566 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of XLG opened at $50.97 on Friday. The firm has a market cap of $4.97 billion, a P/E ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 52 week low of $38.82 and a 52 week high of $51.80. The firm’s 50-day simple moving average is $50.47 and its 200 day simple moving average is $48.07.

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.