Modern Wealth Management LLC Sells 4,160 Shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Modern Wealth Management LLC decreased its stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 11.5% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 31,889 shares of the company’s stock after selling 4,160 shares during the period. Modern Wealth Management LLC owned 0.07% of Invesco S&P 500 GARP ETF worth $3,454,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Invesco S&P 500 GARP ETF by 34.1% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 393 shares of the company’s stock valued at $41,000 after purchasing an additional 100 shares in the last quarter. GC Wealth Management RIA LLC boosted its stake in Invesco S&P 500 GARP ETF by 0.3% during the fourth quarter. GC Wealth Management RIA LLC now owns 45,692 shares of the company’s stock valued at $4,792,000 after buying an additional 137 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in Invesco S&P 500 GARP ETF by 3.9% during 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 buying an additional 177 shares in the last quarter. Glass Jacobson Investment Advisors llc increased its stake in Invesco S&P 500 GARP ETF by 8.9% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 3,020 shares of the company’s stock worth $316,000 after acquiring an additional 246 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC raised its holdings in shares of Invesco S&P 500 GARP ETF by 9.6% in the 4th quarter. Fifth Third Wealth Advisors LLC now owns 2,860 shares of the company’s stock valued at $300,000 after acquiring an additional 250 shares in the last quarter.

Invesco S&P 500 GARP ETF Trading Up 0.0 %

Shares of NYSEARCA SPGP opened at $102.16 on Wednesday. The business has a 50-day moving average of $105.70 and a 200-day moving average of $106.36. The firm has a market capitalization of $3.41 billion, a price-to-earnings ratio of 15.02 and a beta of 1.10. Invesco S&P 500 GARP ETF has a 12 month low of $95.02 and a 12 month high of $112.90.

Invesco S&P 500 GARP ETF Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be paid a $0.4635 dividend. The ex-dividend date is Monday, March 24th.

Invesco S&P 500 GARP ETF Company 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.