Hobbs Group Advisors LLC Sells 137 Shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Hobbs Group Advisors LLC lowered its position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 1.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,056 shares of the company’s stock after selling 137 shares during the quarter. Hobbs Group Advisors LLC’s holdings in Invesco S&P 500 GARP ETF were worth $1,369,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. increased its position in 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 worth $41,000 after acquiring an additional 100 shares during the period. Synergy Investment Management LLC bought a new position in shares of Invesco S&P 500 GARP ETF during the fourth quarter worth approximately $42,000. Assetmark Inc. raised its position in shares of Invesco S&P 500 GARP ETF by 86.2% in the fourth quarter. Assetmark Inc. now owns 607 shares of the company’s stock valued at $64,000 after buying an additional 281 shares in the last quarter. SRS Capital Advisors Inc. bought a new stake in shares of Invesco S&P 500 GARP ETF in the fourth quarter valued at approximately $102,000. Finally, Sandy Spring Bank increased its stake 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 period.

Invesco S&P 500 GARP ETF Price Performance

Shares of NYSEARCA SPGP opened at $99.04 on Friday. The stock has a market capitalization of $3.30 billion, a PE ratio of 15.02 and a beta of 1.10. Invesco S&P 500 GARP ETF has a fifty-two week low of $95.02 and a fifty-two week high of $112.90. The business has a fifty day moving average price of $105.16 and a two-hundred day moving average price of $106.29.

Invesco S&P 500 GARP ETF Dividend Announcement

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