Ethos Capital Management Inc. Purchases New Shares in Invesco S&P 500 Top 50 ETF $XLG

Ethos Capital Management Inc. purchased a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 32,136 shares of the company’s stock, valued at approximately $1,905,000. Invesco S&P 500 Top 50 ETF makes up 1.8% of Ethos Capital Management Inc.’s investment portfolio, making the stock its 10th largest position.

Other large investors have also added to or reduced their stakes in the company. Belpointe Asset Management LLC grew its holdings in Invesco S&P 500 Top 50 ETF by 284.4% during the 3rd quarter. Belpointe Asset Management LLC now owns 20,364 shares of the company’s stock valued at $1,171,000 after purchasing an additional 15,067 shares in the last quarter. Aspire Capital Advisors LLC grew its holdings in Invesco S&P 500 Top 50 ETF by 55.1% during the 3rd quarter. Aspire Capital Advisors LLC now owns 133,700 shares of the company’s stock valued at $7,690,000 after purchasing an additional 47,513 shares in the last quarter. Fortis Capital Advisors LLC acquired a new stake in Invesco S&P 500 Top 50 ETF during the 3rd quarter valued at $869,000. Retirement Planning Group LLC NY acquired a new stake in Invesco S&P 500 Top 50 ETF during the 3rd quarter valued at $533,000. Finally, Cannon Advisors Inc. grew its holdings 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 valued at $1,732,000 after purchasing an additional 8,584 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of XLG stock opened at $55.23 on Wednesday. The firm has a market cap of $9.89 billion, a P/E ratio of 27.80 and a beta of 1.04. Invesco S&P 500 Top 50 ETF has a 1-year low of $40.27 and a 1-year high of $60.63. The firm has a fifty day moving average of $56.66 and a two-hundred day moving average of $58.00.

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.