19,889 Shares in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Purchased by Trek Financial LLC

Trek Financial LLC bought a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 19,889 shares of the company’s stock, valued at approximately $994,000.

Several other hedge funds have also made changes to their positions in the company. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter valued at approximately $26,000. Hager Investment Management Services LLC purchased a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at $30,000. Abound Wealth Management acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at $30,000. Millstone Evans Group LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth $32,000. Finally, Decker Retirement Planning Inc. acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth about $34,000.

Invesco S&P 500 Top 50 ETF Price Performance

NYSEARCA XLG opened at $41.57 on Monday. The stock has a market capitalization of $7.22 billion, a P/E ratio of 26.47 and a beta of 1.01. The firm’s 50-day moving average is $48.70 and its two-hundred day moving average is $49.10. Invesco S&P 500 Top 50 ETF has a 12 month low of $39.75 and a 12 month high of $51.80.

Invesco S&P 500 Top 50 ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a $0.0915 dividend. The ex-dividend date of this dividend was 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.