Florida Financial Advisors LLC Raises Stock Position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Posted by Stuart Ham on Mar 25th, 2025

Florida Financial Advisors LLC lifted its stake in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 72.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 10,819 shares of the company’s stock after acquiring an additional 4,558 shares during the period. Florida Financial Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $541,000 as of its most recent SEC filing.

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

Invesco S&P 500 Top 50 ETF Stock Up 1.6 %

Shares of NYSEARCA XLG opened at $47.67 on Tuesday. The firm has a 50-day moving average price of $49.57 and a 200 day moving average price of $49.10. Invesco S&P 500 Top 50 ETF has a 52 week low of $39.75 and a 52 week high of $51.80. The stock 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 Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be paid a dividend of $0.0915 per share. The ex-dividend date of this dividend 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.