Millstone Evans Group LLC Makes New $32,000 Investment in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Millstone Evans Group LLC purchased a new stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLGFree Report) during the 4th quarter, HoldingsChannel reports. The firm purchased 636 shares of the company’s stock, valued at approximately $32,000.

A number of other institutional investors have also made changes to their positions in XLG. Halbert Hargrove Global Advisors LLC acquired a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at approximately $26,000. Abound Wealth Management acquired a new stake in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter worth $30,000. Hager Investment Management Services LLC bought a new position in Invesco S&P 500 Top 50 ETF during the fourth quarter worth $30,000. Decker Retirement Planning Inc. acquired a new position in Invesco S&P 500 Top 50 ETF during the 4th quarter valued at $34,000. Finally, Rothschild Investment LLC bought a new stake in Invesco S&P 500 Top 50 ETF in the 4th quarter valued at $50,000.

Invesco S&P 500 Top 50 ETF Price Performance

NYSEARCA XLG opened at $47.67 on Tuesday. The company’s fifty day moving average is $49.57 and its two-hundred day moving average is $49.10. The firm has a market capitalization of $8.34 billion, a price-to-earnings ratio of 26.40 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.

Invesco S&P 500 Top 50 ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be paid a dividend of $0.0915 per share. The ex-dividend date is Monday, March 24th.

Invesco S&P 500 Top 50 ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding XLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLGFree Report).

Institutional Ownership by Quarter for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Receive News & Ratings for Invesco S&P 500 Top 50 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Top 50 ETF and related companies with MarketBeat.com's FREE daily email newsletter.