Arete Wealth Advisors LLC Has $3.88 Million Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Posted by Tammy Falkenburg on Apr 3rd, 2025

Arete Wealth Advisors LLC lifted its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 98.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 77,363 shares of the company’s stock after buying an additional 38,315 shares during the quarter. Arete Wealth Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $3,875,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of XLG. Raymond James Financial Inc. bought a new position in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at approximately $112,591,000. LPL Financial LLC lifted its stake in shares of Invesco S&P 500 Top 50 ETF by 22.5% in the 4th quarter. LPL Financial LLC now owns 9,775,057 shares of the company’s stock valued at $488,362,000 after purchasing an additional 1,795,590 shares during the period. Independent Advisor Alliance bought a new position in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter worth $38,858,000. Bank Hapoalim BM acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter worth $13,289,000. Finally, PMG Wealth Management Inc. bought a new stake in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at about $11,276,000.

Invesco S&P 500 Top 50 ETF Trading Up 0.5 %

Shares of XLG opened at $46.48 on Thursday. The stock has a market cap of $8.08 billion, a P/E 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 stock’s 50-day moving average price is $49.05 and its two-hundred day moving average price is $49.13.

Invesco S&P 500 Top 50 ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were paid a dividend of $0.0915 per share. The ex-dividend date was Monday, March 24th.

Invesco S&P 500 Top 50 ETF 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.