Riverchase Wealth Management LLC Takes $222,000 Position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Riverchase Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 2,120 shares of the company’s stock, valued at approximately $222,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. PKS Advisory Services LLC acquired a new stake in shares of Invesco S&P 500 GARP ETF during the fourth quarter valued at about $599,000. Signature Estate & Investment Advisors LLC boosted its position in 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 buying an additional 129 shares during the period. Sandy Spring Bank grew its holdings in Invesco S&P 500 GARP ETF by 117.0% during the 4th quarter. Sandy Spring Bank now owns 1,126 shares of the company’s stock worth $118,000 after acquiring an additional 607 shares during the last quarter. GWN Securities Inc. acquired a new position in Invesco S&P 500 GARP ETF in the 4th quarter valued at approximately $573,000. Finally, Integras Partners LLC bought a new position in shares of Invesco S&P 500 GARP ETF during the fourth quarter valued at $376,000.

Invesco S&P 500 GARP ETF Stock Performance

Shares of NYSEARCA:SPGP opened at $101.19 on Friday. Invesco S&P 500 GARP ETF has a 52 week low of $95.02 and a 52 week high of $112.90. The firm has a market cap of $3.38 billion, a PE ratio of 15.02 and a beta of 1.10. The firm’s fifty day moving average is $105.38 and its 200-day moving average is $106.29.

Invesco S&P 500 GARP ETF Dividend Announcement

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