Invesco S&P 500 Top 50 ETF $XLG Shares Purchased by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 68.4% during the third quarter, HoldingsChannel.com reports. The firm owned 93,912 shares of the company’s stock after acquiring an additional 38,141 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $5,402,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Belpointe Asset Management LLC lifted its stake in shares of Invesco S&P 500 Top 50 ETF by 284.4% during the third quarter. Belpointe Asset Management LLC now owns 20,364 shares of the company’s stock worth $1,171,000 after purchasing an additional 15,067 shares in the last quarter. Fortis Capital Advisors LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF during the 3rd quarter valued at about $869,000. Retirement Planning Group LLC NY purchased a new stake in shares of Invesco S&P 500 Top 50 ETF during the 3rd quarter valued at about $533,000. AE Wealth Management LLC lifted its position in Invesco S&P 500 Top 50 ETF by 71.4% during the 2nd quarter. AE Wealth Management LLC now owns 126,429 shares of the company’s stock worth $6,587,000 after acquiring an additional 52,645 shares in the last quarter. Finally, Cannon Advisors Inc. lifted 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 acquiring an additional 8,584 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Down 0.8%

Shares of NYSEARCA:XLG opened at $58.17 on Thursday. The company has a market capitalization of $11.31 billion, a price-to-earnings ratio of 27.80 and a beta of 1.03. The company has a 50 day moving average of $59.18 and a two-hundred day moving average of $57.53. Invesco S&P 500 Top 50 ETF has a 52-week low of $39.50 and a 52-week high of $60.63.

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. 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.