Ashton Thomas Private Wealth LLC Raises Position in Invesco S&P 500 Top 50 ETF $XLG

Ashton Thomas Private Wealth LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 68.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 93,912 shares of the company’s stock after acquiring an additional 38,141 shares during the quarter. 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.

A number of other hedge funds have also recently added to or reduced their stakes in XLG. Soundwatch Capital LLC purchased a new stake in Invesco S&P 500 Top 50 ETF in the 2nd quarter valued at approximately $1,790,000. Principle Wealth Partners LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 85.0% in the 2nd quarter. Principle Wealth Partners LLC now owns 2,682,223 shares of the company’s stock valued at $139,744,000 after buying an additional 1,232,337 shares during the period. CW Advisors LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 1,645.5% in the second quarter. CW Advisors LLC now owns 719,865 shares of the company’s stock valued at $37,505,000 after buying an additional 678,624 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Invesco S&P 500 Top 50 ETF by 32.0% during the second quarter. JPMorgan Chase & Co. now owns 2,464,746 shares of the company’s stock worth $128,413,000 after acquiring an additional 597,737 shares during the period. Finally, Raymond James Financial Inc. grew its holdings in Invesco S&P 500 Top 50 ETF by 25.8% during the second quarter. Raymond James Financial Inc. now owns 2,867,532 shares of the company’s stock worth $149,398,000 after acquiring an additional 588,257 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Performance

Invesco S&P 500 Top 50 ETF stock opened at $58.17 on Thursday. The company has a market cap of $11.31 billion, a P/E ratio of 27.80 and a beta of 1.03. Invesco S&P 500 Top 50 ETF has a one year low of $39.50 and a one year high of $60.63. The business has a fifty day moving average of $59.18 and a two-hundred day moving average of $57.53.

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.