Ashton Thomas Private Wealth LLC bought a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 28,846 shares of the company’s stock, valued at approximately $1,441,000.
Several other large investors have also bought and sold shares of XLG. Raymond James Financial Inc. bought a new position in Invesco S&P 500 Top 50 ETF during the 4th quarter worth $112,591,000. LPL Financial LLC raised its position in 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 purchasing an additional 741,770 shares during the last quarter. Bank Hapoalim BM bought a new position in Invesco S&P 500 Top 50 ETF during the 4th quarter worth $13,289,000. PMG Wealth Management Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter worth about $11,276,000. Finally, HighTower Advisors LLC raised its position in shares of Invesco S&P 500 Top 50 ETF by 27.7% in the 3rd quarter. HighTower Advisors LLC now owns 925,321 shares of the company’s stock worth $43,982,000 after acquiring an additional 200,879 shares in the last quarter.
Invesco S&P 500 Top 50 ETF Trading Up 0.4 %
XLG stock opened at $47.93 on Friday. The stock has a 50-day moving average price of $50.35 and a 200-day moving average price of $49.04. Invesco S&P 500 Top 50 ETF has a 1-year low of $39.75 and a 1-year high of $51.80. The firm has a market cap of $8.62 billion, a PE ratio of 29.57 and a beta of 1.01.
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.
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