Aviso Wealth Management Buys Shares of 5,915 Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Aviso Wealth Management purchased a new stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) in the 4th quarter, Holdings Channel reports. The fund purchased 5,915 shares of the company’s stock, valued at approximately $296,000.

Several other institutional investors have also recently made changes to their positions in the business. Valley Brook Capital Group Inc. grew its holdings in 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 valued at $293,000 after purchasing an additional 350 shares during the period. Joel Isaacson & Co. LLC grew its stake in shares of Invesco S&P 500 Top 50 ETF by 3.0% during 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 during the period. Jackson Wealth Management LLC increased its holdings in Invesco S&P 500 Top 50 ETF by 0.3% in the 4th quarter. Jackson Wealth Management LLC now owns 140,525 shares of the company’s stock worth $7,021,000 after acquiring an additional 376 shares in the last quarter. Cooper Financial Group raised its stake in 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 acquiring an additional 398 shares during the period. Finally, Principal Securities Inc. lifted its holdings in Invesco S&P 500 Top 50 ETF by 0.4% during the fourth quarter. Principal Securities Inc. now owns 99,197 shares of the company’s stock valued at $4,956,000 after purchasing an additional 418 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of XLG stock opened at $47.87 on Wednesday. The company’s fifty day moving average price is $49.54 and its 200-day moving average price is $49.12. The company has a market capitalization of $8.37 billion, a price-to-earnings ratio of 26.40 and a beta of 1.01. Invesco S&P 500 Top 50 ETF has a one year low of $39.75 and a one year high of $51.80.

Invesco S&P 500 Top 50 ETF Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, March 28th. Investors 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.