NBZ Investment Advisors LLC Purchases Shares of 120,089 Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

NBZ Investment Advisors LLC bought a new position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 120,089 shares of the company’s stock, valued at approximately $12,595,000. Invesco S&P 500 GARP ETF makes up about 7.0% of NBZ Investment Advisors LLC’s investment portfolio, making the stock its 5th largest holding. NBZ Investment Advisors LLC owned 0.25% of Invesco S&P 500 GARP ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. grew 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 holdings 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 valued at $472,000 after buying an additional 129 shares during the last quarter. GC Wealth Management RIA LLC raised its stake in Invesco S&P 500 GARP ETF by 0.3% in the 4th 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 stake in shares of 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 valued at $490,000 after buying an additional 177 shares during the period. Finally, Glass Jacobson Investment Advisors llc boosted its holdings in shares of 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 Price Performance

Shares of NYSEARCA:SPGP opened at $101.19 on Friday. Invesco S&P 500 GARP ETF has a 12 month low of $95.02 and a 12 month high of $112.90. The business has a 50-day moving average of $105.38 and a two-hundred day moving average of $106.29. The firm has a market capitalization of $3.38 billion, a PE ratio of 15.02 and a beta of 1.10.

Invesco S&P 500 GARP ETF Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be issued a dividend of $0.4635 per share. The ex-dividend date of this dividend is 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.