Prevail Innovative Wealth Advisors LLC Buys Shares of 27,635 Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM)

Prevail Innovative Wealth Advisors LLC purchased a new stake in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 27,635 shares of the company’s stock, valued at approximately $3,116,000. Prevail Innovative Wealth Advisors LLC owned 0.79% of Invesco S&P MidCap 400 GARP ETF as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in GRPM. FMR LLC increased its position in shares of Invesco S&P MidCap 400 GARP ETF by 106.3% in the third quarter. FMR LLC now owns 555 shares of the company’s stock valued at $65,000 after acquiring an additional 286 shares during the last quarter. Glass Jacobson Investment Advisors llc increased its position in shares of Invesco S&P MidCap 400 GARP ETF by 772.3% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 567 shares of the company’s stock worth $66,000 after purchasing an additional 502 shares during the last quarter. Global Retirement Partners LLC boosted its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 186.5% in the 4th quarter. Global Retirement Partners LLC now owns 596 shares of the company’s stock valued at $67,000 after buying an additional 388 shares during the last quarter. Compass Capital Corp MA ADV acquired a new position in Invesco S&P MidCap 400 GARP ETF during the fourth quarter worth $220,000. Finally, Embree Financial Group bought a new stake in Invesco S&P MidCap 400 GARP ETF during the fourth quarter worth $253,000.

Invesco S&P MidCap 400 GARP ETF Stock Performance

Invesco S&P MidCap 400 GARP ETF stock opened at $104.55 on Friday. The stock has a 50-day simple moving average of $110.02 and a 200 day simple moving average of $114.87. The stock has a market capitalization of $520.66 million, a P/E ratio of 12.13 and a beta of 1.23. Invesco S&P MidCap 400 GARP ETF has a 52 week low of $100.88 and a 52 week high of $127.48.

Invesco S&P MidCap 400 GARP ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a dividend of $0.4064 per share. The ex-dividend date of this dividend was Monday, March 24th. This is a positive change from Invesco S&P MidCap 400 GARP ETF’s previous dividend of $0.30.

Invesco S&P MidCap 400 GARP ETF Profile

The Invesco S&P MidCap 400 GARP ETF (GRPM) is an exchange-traded fund that is based on the S&P MidCap 400 GARP index. The fund tracks an index of US mid-cap growth stocks with perceived quality and value characteristics. GRPM was launched on Dec 8, 2010 and is issued by Invesco.