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

TME Financial Inc. purchased a new position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 66,254 shares of the company’s stock, valued at approximately $6,935,000. Invesco S&P 500 GARP ETF comprises approximately 6.6% of TME Financial Inc.’s portfolio, making the stock its 3rd largest position. TME Financial Inc. owned about 0.14% of Invesco S&P 500 GARP ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Invesco S&P 500 GARP ETF by 34.1% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 393 shares of the company’s stock worth $41,000 after acquiring an additional 100 shares during the last quarter. Signature Estate & Investment Advisors LLC increased its holdings in shares of Invesco S&P 500 GARP ETF by 3.0% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 4,497 shares of the company’s stock valued at $472,000 after purchasing an additional 129 shares in the last quarter. GC Wealth Management RIA LLC raised its position 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 worth $4,792,000 after purchasing an additional 137 shares during the last quarter. Arete Wealth Advisors LLC lifted its holdings in Invesco S&P 500 GARP ETF by 5.2% during the 4th quarter. Arete Wealth Advisors LLC now owns 3,119 shares of the company’s stock worth $327,000 after buying an additional 155 shares in the last quarter. Finally, CIBC Private Wealth Group LLC boosted its position in Invesco S&P 500 GARP ETF by 39.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 578 shares of the company’s stock valued at $61,000 after buying an additional 163 shares during the last quarter.

Invesco S&P 500 GARP ETF Stock Performance

NYSEARCA SPGP opened at $92.08 on Friday. Invesco S&P 500 GARP ETF has a 52 week low of $84.13 and a 52 week high of $112.90. The stock has a market capitalization of $2.94 billion, a P/E ratio of 15.12 and a beta of 1.10. The stock has a fifty day moving average of $101.13 and a 200-day moving average of $105.52.

Invesco S&P 500 GARP ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a dividend of $0.4635 per share. The ex-dividend date was 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.