Thoroughbred Financial Services LLC Purchases 30,595 Shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Thoroughbred Financial Services LLC grew its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 17.6% in the fourth quarter, Holdings Channel reports. The fund owned 203,947 shares of the company’s stock after buying an additional 30,595 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $10,189,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Bank of Montreal Can grew its stake in shares of Invesco S&P 500 Top 50 ETF by 1.4% in the 3rd quarter. Bank of Montreal Can now owns 57,806 shares of the company’s stock worth $2,732,000 after buying an additional 787 shares in the last quarter. Benjamin Edwards Inc. purchased a new position in Invesco S&P 500 Top 50 ETF in the third quarter worth about $777,000. Hilltop Holdings Inc. increased its stake in Invesco S&P 500 Top 50 ETF by 4.7% during the third quarter. Hilltop Holdings Inc. now owns 20,865 shares of the company’s stock worth $992,000 after acquiring an additional 931 shares during the last quarter. HighTower Advisors LLC raised its position in Invesco S&P 500 Top 50 ETF by 27.7% during the third quarter. HighTower Advisors LLC now owns 925,321 shares of the company’s stock valued at $43,982,000 after purchasing an additional 200,879 shares during the period. Finally, IHT Wealth Management LLC purchased a new stake in Invesco S&P 500 Top 50 ETF during the third quarter valued at approximately $711,000.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of Invesco S&P 500 Top 50 ETF stock opened at $44.14 on Friday. The stock has a market cap of $7.67 billion, a price-to-earnings ratio of 26.47 and a beta of 1.01. The stock has a 50 day moving average price of $48.90 and a 200-day moving average price of $49.09. Invesco S&P 500 Top 50 ETF has a one year low of $39.75 and a one year high of $51.80.

Invesco S&P 500 Top 50 ETF Dividend Announcement

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