Prevail Innovative Wealth Advisors LLC Makes New $3.12 Million Investment in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM)

Prevail Innovative Wealth Advisors LLC bought a new stake in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 27,635 shares of the company’s stock, valued at approximately $3,116,000.

A number of other large investors also recently made changes to their positions in the company. Thrivent Financial for Lutherans grew its holdings in Invesco S&P MidCap 400 GARP ETF by 6.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 4,504 shares of the company’s stock valued at $527,000 after buying an additional 265 shares in the last quarter. FMR LLC grew its stake 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 in the last quarter. Townsquare Capital LLC bought a new position in Invesco S&P MidCap 400 GARP ETF during the third quarter worth about $264,000. MML Investors Services LLC raised its stake in Invesco S&P MidCap 400 GARP ETF by 12.4% in the 3rd quarter. MML Investors Services LLC now owns 17,496 shares of the company’s stock worth $2,048,000 after purchasing an additional 1,935 shares in the last quarter. Finally, Glass Jacobson Investment Advisors llc raised its stake in Invesco S&P MidCap 400 GARP ETF by 772.3% in 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 in the last quarter.

Invesco S&P MidCap 400 GARP ETF Stock Down 2.0 %

Shares of NYSEARCA:GRPM opened at $104.55 on Friday. Invesco S&P MidCap 400 GARP ETF has a 12-month low of $100.88 and a 12-month high of $127.48. The company’s 50 day moving average price is $110.02 and its two-hundred day moving average price is $114.87. The firm has a market cap of $520.66 million, a PE ratio of 12.13 and a beta of 1.23.

Invesco S&P MidCap 400 GARP ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid 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 Company 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.