150,453 Shares in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Bought by Waterloo Capital L.P.

Waterloo Capital L.P. bought a new position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) during the 4th quarter, Holdings Channel reports. The fund bought 150,453 shares of the company’s stock, valued at approximately $7,517,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Wedbush Securities Inc. increased its stake in shares of Invesco S&P 500 Top 50 ETF by 47.0% in the fourth quarter. Wedbush Securities Inc. now owns 25,229 shares of the company’s stock worth $1,260,000 after purchasing an additional 8,065 shares during the period. Envestnet Asset Management Inc. grew its holdings in Invesco S&P 500 Top 50 ETF by 0.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,150,999 shares of the company’s stock valued at $57,504,000 after buying an additional 9,757 shares during the last quarter. Perennial Investment Advisors LLC increased its position in Invesco S&P 500 Top 50 ETF by 91.2% in the 4th quarter. Perennial Investment Advisors LLC now owns 44,936 shares of the company’s stock worth $2,245,000 after buying an additional 21,440 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of Invesco S&P 500 Top 50 ETF by 11.0% during the fourth quarter. Wells Fargo & Company MN now owns 3,425,397 shares of the company’s stock worth $171,133,000 after buying an additional 339,940 shares during the last quarter. Finally, Smith Moore & CO. boosted its position in shares of Invesco S&P 500 Top 50 ETF by 14.2% in the fourth quarter. Smith Moore & CO. now owns 7,825 shares of the company’s stock valued at $391,000 after acquiring an additional 975 shares during the period.

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

Shares of Invesco S&P 500 Top 50 ETF stock opened at $41.57 on Friday. The company has a market cap of $7.22 billion, a price-to-earnings ratio of 26.47 and a beta of 1.01. Invesco S&P 500 Top 50 ETF has a 1 year low of $39.75 and a 1 year high of $51.80. The company’s fifty day simple moving average is $48.70 and its 200-day simple moving average is $49.08.

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 dividend of $0.0915 per share. The ex-dividend date of this dividend 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.