NBZ Investment Advisors LLC Purchases New Holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

NBZ Investment Advisors LLC bought a new stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) during the fourth quarter, Holdings Channel reports. The institutional investor bought 120,089 shares of the company’s stock, valued at approximately $12,595,000. Invesco S&P 500 GARP ETF accounts for 7.0% of NBZ Investment Advisors LLC’s holdings, making the stock its 5th largest holding.

Several other institutional investors and hedge funds have also modified their holdings of the stock. PNC Financial Services Group Inc. increased its holdings in Invesco S&P 500 GARP ETF by 296.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,064 shares of the company’s stock valued at $216,000 after purchasing an additional 1,543 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of 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 purchasing an additional 100 shares during the last quarter. US Bancorp DE increased its holdings in shares of Invesco S&P 500 GARP ETF by 25.8% in the fourth quarter. US Bancorp DE now owns 3,934 shares of the company’s stock valued at $413,000 after purchasing an additional 808 shares in the last quarter. Glass Jacobson Investment Advisors llc raised its position 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 purchasing an additional 246 shares during the last quarter. Finally, Jacobi Capital Management LLC boosted its position in Invesco S&P 500 GARP ETF by 9.4% in the 4th quarter. Jacobi Capital Management LLC now owns 4,329 shares of the company’s stock valued at $454,000 after buying an additional 373 shares during the last quarter.

Invesco S&P 500 GARP ETF Trading Down 0.7 %

NYSEARCA:SPGP opened at $101.19 on Friday. The firm has a market capitalization of $3.38 billion, a price-to-earnings ratio of 15.02 and a beta of 1.10. The business’s 50-day moving average price is $105.38 and its two-hundred day moving average price is $106.29. Invesco S&P 500 GARP ETF has a 1-year low of $95.02 and a 1-year high of $112.90.

Invesco S&P 500 GARP ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be paid a $0.4635 dividend. 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.