Wedbush Securities Inc. Takes Position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Wedbush Securities Inc. bought a new position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) in the fourth quarter, Holdings Channel reports. The firm bought 1,942 shares of the company’s stock, valued at approximately $204,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SPGP. Thurston Springer Miller Herd & Titak Inc. lifted its position in Invesco S&P 500 GARP ETF by 34.1% during the fourth 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 in the last quarter. Synergy Investment Management LLC purchased a new position in shares of Invesco S&P 500 GARP ETF in the 4th quarter valued at $42,000. CIBC Private Wealth Group LLC lifted its holdings in shares of Invesco S&P 500 GARP ETF by 39.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 578 shares of the company’s stock valued at $61,000 after acquiring an additional 163 shares in the last quarter. Assetmark Inc. boosted its position in Invesco S&P 500 GARP ETF by 86.2% during the 4th quarter. Assetmark Inc. now owns 607 shares of the company’s stock worth $64,000 after purchasing an additional 281 shares during the period. Finally, SRS Capital Advisors Inc. acquired a new stake in Invesco S&P 500 GARP ETF in the 4th quarter valued at $102,000.

Invesco S&P 500 GARP ETF Price Performance

Shares of SPGP opened at $90.41 on Friday. Invesco S&P 500 GARP ETF has a 12 month low of $84.13 and a 12 month high of $112.90. The stock’s 50-day moving average is $101.47 and its two-hundred day moving average is $105.59. The stock has a market cap of $2.89 billion, a PE ratio of 15.12 and a beta of 1.10.

Invesco S&P 500 GARP ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a dividend of $0.4635 per share. The ex-dividend date was Monday, March 24th.

Invesco S&P 500 GARP ETF Profile

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.