Ethos Financial Group LLC Has $1.61 Million Stock Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Ethos Financial Group LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 64.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 32,200 shares of the company’s stock after buying an additional 12,598 shares during the quarter. Ethos Financial Group LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,609,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. LPL Financial LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 10.2% during the third quarter. LPL Financial LLC now owns 7,979,467 shares of the company’s stock worth $379,264,000 after buying an additional 741,770 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter worth $112,591,000. GPS Wealth Strategies Group LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 8.2% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 1,174,985 shares of the company’s stock worth $58,702,000 after buying an additional 89,392 shares in the last quarter. Principle Wealth Partners LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 11.4% during the fourth quarter. Principle Wealth Partners LLC now owns 1,092,153 shares of the company’s stock worth $54,564,000 after buying an additional 112,147 shares in the last quarter. Finally, HighTower Advisors LLC lifted its holdings in shares of 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 buying an additional 200,879 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

XLG opened at $48.68 on Thursday. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $39.75 and a fifty-two week high of $51.80. The company has a market capitalization of $8.75 billion, a P/E ratio of 29.57 and a beta of 1.01. The stock has a fifty day moving average of $50.49 and a 200-day moving average of $49.02.

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.