Florida Financial Advisors LLC Raises Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Florida Financial Advisors LLC raised its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 72.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,819 shares of the company’s stock after buying an additional 4,558 shares during the period. Florida Financial Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $541,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Truvestments Capital LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF during the third quarter valued at approximately $3,813,000. Private Trust Co. NA boosted its position in Invesco S&P 500 Top 50 ETF by 23.3% during the 3rd quarter. Private Trust Co. NA now owns 11,337 shares of the company’s stock valued at $539,000 after buying an additional 2,139 shares during the period. Bank of Montreal Can grew its holdings in Invesco S&P 500 Top 50 ETF by 1.4% in the 3rd quarter. Bank of Montreal Can now owns 57,806 shares of the company’s stock worth $2,732,000 after acquiring an additional 787 shares during the last quarter. Elios Financial Group Inc. bought a new stake in Invesco S&P 500 Top 50 ETF in the 3rd quarter worth $1,509,000. Finally, CreativeOne Wealth LLC increased its position in shares of Invesco S&P 500 Top 50 ETF by 195.3% in the third quarter. CreativeOne Wealth LLC now owns 14,352 shares of the company’s stock valued at $682,000 after acquiring an additional 9,492 shares during the period.

Invesco S&P 500 Top 50 ETF Price Performance

NYSEARCA XLG opened at $47.67 on Tuesday. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.75 and a 1 year high of $51.80. The stock has a market capitalization of $8.34 billion, a PE ratio of 26.40 and a beta of 1.01. The business’s 50-day moving average is $49.57 and its 200 day moving average is $49.10.

Invesco S&P 500 Top 50 ETF Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be issued a dividend of $0.0915 per share. The ex-dividend date is Monday, March 24th.

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.