Hobbs Group Advisors LLC Decreases Stock Holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Hobbs Group Advisors LLC lowered its stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGPFree Report) by 1.0% during the 4th quarter, HoldingsChannel reports. The firm owned 13,056 shares of the company’s stock after selling 137 shares during the period. Hobbs Group Advisors LLC’s holdings in Invesco S&P 500 GARP ETF were worth $1,369,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in SPGP. Raymond James Financial Inc. bought a new stake in Invesco S&P 500 GARP ETF during the 4th quarter worth approximately $175,549,000. Grange Capital LLC bought a new stake in shares of Invesco S&P 500 GARP ETF during the 4th quarter valued at $17,245,000. NBZ Investment Advisors LLC purchased a new position in shares of Invesco S&P 500 GARP ETF during the 4th quarter valued at $12,595,000. Citizens Financial Group Inc. RI purchased a new stake in Invesco S&P 500 GARP ETF in the 4th quarter worth $7,827,000. Finally, Sovran Advisors LLC purchased a new stake in Invesco S&P 500 GARP ETF in the 4th quarter worth $6,013,000.

Invesco S&P 500 GARP ETF Stock Down 2.1 %

Shares of Invesco S&P 500 GARP ETF stock opened at $99.04 on Friday. The company has a market capitalization of $3.30 billion, a price-to-earnings ratio of 15.02 and a beta of 1.10. The stock’s 50-day simple moving average is $105.16 and its 200-day simple moving average is $106.29. Invesco S&P 500 GARP ETF has a 52 week low of $95.02 and a 52 week high of $112.90.

Invesco S&P 500 GARP ETF Dividend Announcement

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

Invesco S&P 500 GARP ETF Profile

(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.

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

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