WealthTrak Capital Management LLC Makes New Investment in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

WealthTrak Capital Management LLC purchased a new stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 10,178 shares of the company’s stock, valued at approximately $1,067,000.

Several other institutional investors and hedge funds also recently modified their holdings of SPGP. Thurston Springer Miller Herd & Titak Inc. raised its position in Invesco S&P 500 GARP ETF by 34.1% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 393 shares of the company’s stock valued at $41,000 after buying an additional 100 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its stake in shares of Invesco S&P 500 GARP ETF by 3.0% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 4,497 shares of the company’s stock worth $472,000 after acquiring an additional 129 shares in the last quarter. GC Wealth Management RIA LLC raised its holdings in shares of Invesco S&P 500 GARP ETF by 0.3% in the fourth quarter. GC Wealth Management RIA LLC now owns 45,692 shares of the company’s stock valued at $4,792,000 after purchasing an additional 137 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in shares of Invesco S&P 500 GARP ETF by 3.9% in the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 4,673 shares of the company’s stock worth $490,000 after purchasing an additional 177 shares in the last quarter. Finally, Glass Jacobson Investment Advisors llc boosted its holdings in Invesco S&P 500 GARP ETF by 8.9% during the third quarter. Glass Jacobson Investment Advisors llc now owns 3,020 shares of the company’s stock worth $316,000 after purchasing an additional 246 shares during the last quarter.

Invesco S&P 500 GARP ETF Trading Down 2.1 %

Invesco S&P 500 GARP ETF stock opened at $99.04 on Friday. Invesco S&P 500 GARP ETF has a 1-year low of $95.02 and a 1-year high of $112.90. The company has a fifty day simple moving average of $105.16 and a 200 day simple moving average of $106.29. The company has a market cap of $3.30 billion, a P/E ratio of 15.02 and a beta of 1.10.

Invesco S&P 500 GARP ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a $0.4635 dividend. The ex-dividend date of this dividend was Monday, March 24th.

About Invesco S&P 500 GARP ETF

The Invesco S&P 500 GARP ETF (SPGP) is an exchange-traded fund that is based on the S&P 500 GARP index. The fund tracks an index of S&P 500 stocks selected by growth, quality and value traits, and weighted by growth. SPGP was launched on Jun 16, 2011 and is managed by Invesco.