Orion Portfolio Solutions LLC Purchases 5,081 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Orion Portfolio Solutions LLC increased its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 26.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,531 shares of the company’s stock after purchasing an additional 5,081 shares during the period. Orion Portfolio Solutions LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,226,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Valley Brook Capital Group Inc. increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 6.4% during the fourth quarter. Valley Brook Capital Group Inc. now owns 5,855 shares of the company’s stock worth $293,000 after purchasing an additional 350 shares during the period. Joel Isaacson & Co. LLC raised its holdings in Invesco S&P 500 Top 50 ETF by 3.0% in the 4th quarter. Joel Isaacson & Co. LLC now owns 12,587 shares of the company’s stock valued at $629,000 after acquiring an additional 368 shares in the last quarter. Jackson Wealth Management LLC lifted its position in shares of Invesco S&P 500 Top 50 ETF by 0.3% during the 4th quarter. Jackson Wealth Management LLC now owns 140,525 shares of the company’s stock valued at $7,021,000 after acquiring an additional 376 shares during the period. Cooper Financial Group grew its holdings in shares of Invesco S&P 500 Top 50 ETF by 8.8% during the 4th quarter. Cooper Financial Group now owns 4,901 shares of the company’s stock worth $245,000 after purchasing an additional 398 shares in the last quarter. Finally, Principal Securities Inc. increased its position in shares of Invesco S&P 500 Top 50 ETF by 0.4% in the fourth quarter. Principal Securities Inc. now owns 99,197 shares of the company’s stock worth $4,956,000 after purchasing an additional 418 shares during the period.

Invesco S&P 500 Top 50 ETF Stock Down 5.8 %

XLG stock opened at $41.57 on Friday. The company has a market cap of $7.22 billion, a PE ratio of 26.47 and a beta of 1.01. Invesco S&P 500 Top 50 ETF has a 52 week low of $39.75 and a 52 week high of $51.80. The business has a 50-day simple moving average of $48.70 and a 200 day simple moving average of $49.06.

Invesco S&P 500 Top 50 ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a dividend of $0.0915 per share. The ex-dividend date was 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.