Chatterton & Associates Inc. Purchases New Position in Invesco S&P 500 Top 50 ETF $XLG

Chatterton & Associates Inc. purchased a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 58,972 shares of the company’s stock, valued at approximately $3,496,000. Invesco S&P 500 Top 50 ETF comprises 3.0% of Chatterton & Associates Inc.’s investment portfolio, making the stock its 10th largest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in XLG. Jackson Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 1.1% in the fourth quarter. Jackson Wealth Management LLC now owns 143,580 shares of the company’s stock valued at $8,511,000 after purchasing an additional 1,567 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its holdings in Invesco S&P 500 Top 50 ETF by 23.0% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 668,465 shares of the company’s stock worth $39,627,000 after buying an additional 124,954 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its position in Invesco S&P 500 Top 50 ETF by 38.3% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,183 shares of the company’s stock valued at $189,000 after buying an additional 882 shares during the last quarter. Three Magnolias Financial Advisors LLC raised its position in Invesco S&P 500 Top 50 ETF by 2.6% in the 4th quarter. Three Magnolias Financial Advisors LLC now owns 9,950 shares of the company’s stock valued at $590,000 after buying an additional 250 shares during the last quarter. Finally, Aspire Capital Advisors LLC lifted its stake in Invesco S&P 500 Top 50 ETF by 27.0% during the 4th quarter. Aspire Capital Advisors LLC now owns 169,834 shares of the company’s stock valued at $10,068,000 after acquiring an additional 36,134 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

XLG opened at $54.91 on Friday. The company has a market capitalization of $9.84 billion, a price-to-earnings ratio of 27.80 and a beta of 1.03. The firm’s fifty day moving average price is $56.82 and its two-hundred day moving average price is $58.03. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.50 and a 1 year high of $60.63.

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. 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.