Ashton Thomas Securities LLC Purchases New Holdings in Invesco S&P 500 Top 50 ETF $XLG

Ashton Thomas Securities LLC bought a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the 2nd quarter, Holdings Channel reports. The firm bought 147,063 shares of the company’s stock, valued at approximately $7,662,000. Invesco S&P 500 Top 50 ETF accounts for about 1.9% of Ashton Thomas Securities LLC’s portfolio, making the stock its 9th largest holding.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Smith Salley Wealth Management increased its position in Invesco S&P 500 Top 50 ETF by 2.9% during the 2nd quarter. Smith Salley Wealth Management now owns 7,555 shares of the company’s stock worth $394,000 after purchasing an additional 215 shares during the period. TIAA Trust National Association lifted its stake in shares of Invesco S&P 500 Top 50 ETF by 4.1% in the first quarter. TIAA Trust National Association now owns 6,380 shares of the company’s stock valued at $294,000 after purchasing an additional 251 shares during the period. Keystone Wealth Services LLC boosted its holdings in Invesco S&P 500 Top 50 ETF by 1.2% during the second quarter. Keystone Wealth Services LLC now owns 22,953 shares of the company’s stock worth $1,196,000 after buying an additional 271 shares in the last quarter. Pacific Sun Financial Corp lifted its position in shares of Invesco S&P 500 Top 50 ETF by 4.3% during the 1st quarter. Pacific Sun Financial Corp now owns 6,624 shares of the company’s stock valued at $305,000 after acquiring an additional 275 shares during the period. Finally, Walker Asset Management LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 0.8% in the first quarter. Walker Asset Management LLC now owns 34,761 shares of the company’s stock valued at $1,600,000 after purchasing an additional 282 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

Invesco S&P 500 Top 50 ETF stock opened at $57.75 on Friday. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.50 and a 1 year high of $58.03. The firm has a 50 day moving average price of $55.47 and a 200 day moving average price of $50.81. The company has a market cap of $11.06 billion, a price-to-earnings ratio of 27.80 and a beta of 1.00.

Invesco S&P 500 Top 50 ETF 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.