Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Shares Acquired by Ausdal Financial Partners Inc.

Ausdal Financial Partners Inc. lifted its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 17.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,227 shares of the company’s stock after acquiring an additional 1,340 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $461,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in XLG. Florida Financial Advisors LLC grew its holdings in Invesco S&P 500 Top 50 ETF by 72.8% during the fourth quarter. Florida Financial Advisors LLC now owns 10,819 shares of the company’s stock worth $541,000 after acquiring an additional 4,558 shares during the period. Cedar Wealth Management LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 15.1% during the 4th quarter. Cedar Wealth Management LLC now owns 420,427 shares of the company’s stock worth $21,005,000 after purchasing an additional 55,229 shares during the period. LPL Financial LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 22.5% during the 4th quarter. LPL Financial LLC now owns 9,775,057 shares of the company’s stock valued at $488,362,000 after purchasing an additional 1,795,590 shares in the last quarter. Runnymede Capital Advisors Inc. acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at $345,000. Finally, Millstone Evans Group LLC acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at $32,000.

Invesco S&P 500 Top 50 ETF Stock Performance

XLG stock opened at $46.93 on Friday. Invesco S&P 500 Top 50 ETF has a one year low of $39.75 and a one year high of $51.80. The firm’s fifty day moving average is $49.42 and its 200 day moving average is $49.09. The firm has a market cap of $8.21 billion, a PE ratio of 26.40 and a beta of 1.01.

Invesco S&P 500 Top 50 ETF Announces Dividend

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

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.