Wells Fargo & Company MN Has $59.33 Million Stock Holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Wells Fargo & Company MN grew its stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGPFree Report) by 74.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 565,646 shares of the company’s stock after buying an additional 240,941 shares during the period. Wells Fargo & Company MN’s holdings in Invesco S&P 500 GARP ETF were worth $59,325,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in SPGP. Thurston Springer Miller Herd & Titak Inc. lifted its stake in 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 valued at $41,000 after buying an additional 100 shares during the period. Synergy Investment Management LLC bought a new stake in shares of Invesco S&P 500 GARP ETF in the 4th quarter valued at about $42,000. CIBC Private Wealth Group LLC raised its position in shares of 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 acquiring an additional 163 shares during the period. Assetmark Inc. boosted its stake in Invesco S&P 500 GARP ETF by 86.2% during the 4th quarter. Assetmark Inc. now owns 607 shares of the company’s stock worth $64,000 after acquiring an additional 281 shares during the last quarter. Finally, SRS Capital Advisors Inc. acquired a new position in Invesco S&P 500 GARP ETF during the fourth quarter valued at approximately $102,000.

Invesco S&P 500 GARP ETF Stock Down 2.5 %

Shares of NYSEARCA SPGP opened at $86.05 on Wednesday. Invesco S&P 500 GARP ETF has a twelve month low of $84.13 and a twelve month high of $112.90. The company’s fifty day moving average is $102.39 and its 200-day moving average is $105.83. The stock has a market cap of $2.75 billion, a price-to-earnings ratio of 15.12 and a beta of 1.10.

Invesco S&P 500 GARP ETF Dividend Announcement

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

About Invesco S&P 500 GARP ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

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