National Wealth Management Group LLC Purchases Shares of 4,736 Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Posted by Stephan Jacobs on Apr 1st, 2025

National Wealth Management Group LLC 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 and Exchange Commission. The firm acquired 4,736 shares of the company’s stock, valued at approximately $237,000.

Several other institutional investors have also recently modified their holdings of XLG. Raymond James Financial Inc. acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter valued at $112,591,000. LPL Financial LLC lifted its holdings in 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 in the last quarter. Independent Advisor Alliance acquired a new stake in shares of Invesco S&P 500 Top 50 ETF during the 4th quarter worth about $38,858,000. Bank Hapoalim BM purchased a new stake in shares of Invesco S&P 500 Top 50 ETF during the fourth quarter worth about $13,289,000. Finally, PMG Wealth Management Inc. acquired a new position in shares of Invesco S&P 500 Top 50 ETF in the fourth quarter valued at approximately $11,276,000.

Invesco S&P 500 Top 50 ETF Stock Performance

Shares of XLG opened at $46.02 on Tuesday. The company has a market capitalization of $8.00 billion, a price-to-earnings 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 company’s 50 day simple moving average is $49.24 and its 200 day simple moving average is $49.15.

Invesco S&P 500 Top 50 ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a $0.0915 dividend. The ex-dividend date was 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.