Corient Private Wealth LLC Buys New Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Corient Private Wealth LLC bought a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 7,680 shares of the company’s stock, valued at approximately $384,000.

A number of other large investors have also recently bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter worth $112,591,000. GPS Wealth Strategies Group LLC increased its stake in Invesco S&P 500 Top 50 ETF by 8.2% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 1,174,985 shares of the company’s stock valued at $58,702,000 after buying an additional 89,392 shares during the last quarter. Principle Wealth Partners LLC lifted its position in Invesco S&P 500 Top 50 ETF by 11.4% during the 4th quarter. Principle Wealth Partners LLC now owns 1,092,153 shares of the company’s stock worth $54,564,000 after buying an additional 112,147 shares in the last quarter. HighTower Advisors LLC lifted its position in Invesco S&P 500 Top 50 ETF by 2.8% during the 4th quarter. HighTower Advisors LLC now owns 951,487 shares of the company’s stock worth $47,536,000 after buying an additional 26,166 shares in the last quarter. Finally, Private Advisor Group LLC boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 17.5% during the 4th quarter. Private Advisor Group LLC now owns 822,080 shares of the company’s stock worth $41,071,000 after buying an additional 122,294 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Stock Performance

NYSEARCA:XLG opened at $45.85 on Monday. Invesco S&P 500 Top 50 ETF has a 52-week low of $39.75 and a 52-week high of $51.80. The company has a market cap of $7.97 billion, a P/E ratio of 26.47 and a beta of 1.01. The stock’s 50-day simple moving average is $49.33 and its 200 day simple moving average is $49.15.

Invesco S&P 500 Top 50 ETF Dividend Announcement

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

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.