Citizens Financial Group Inc. RI Purchases Shares of 4,301 Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Posted by Caroline Horne on Mar 15th, 2025

Citizens Financial Group Inc. RI acquired a new position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 4,301 shares of the company’s stock, valued at approximately $215,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in Invesco S&P 500 Top 50 ETF in the fourth quarter valued at $112,591,000. Independent Advisor Alliance acquired a new position in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth about $38,858,000. LPL Financial LLC increased its holdings in shares of Invesco S&P 500 Top 50 ETF by 10.2% in the 3rd quarter. LPL Financial LLC now owns 7,979,467 shares of the company’s stock valued at $379,264,000 after acquiring an additional 741,770 shares during the last quarter. Bank Hapoalim BM purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter valued at about $13,289,000. Finally, PMG Wealth Management Inc. acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth about $11,276,000.

Invesco S&P 500 Top 50 ETF Stock Up 2.2 %

XLG stock opened at $46.74 on Friday. The business has a 50 day moving average price of $49.97 and a 200 day moving average price of $49.01. The stock has a market cap of $8.17 billion, a price-to-earnings ratio of 26.40 and a beta of 1.01. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $39.75 and a fifty-two week high of $51.80.

About Invesco S&P 500 Top 50 ETF

(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.