Commonwealth Equity Services LLC Purchases 3,879 Shares of Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM)

Commonwealth Equity Services LLC boosted its position in shares of Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 21.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 21,615 shares of the company’s stock after purchasing an additional 3,879 shares during the quarter. Commonwealth Equity Services LLC owned about 0.62% of Invesco S&P MidCap 400 GARP ETF worth $2,437,000 as of its most recent filing with the Securities and Exchange Commission.

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

Invesco S&P MidCap 400 GARP ETF Price Performance

Invesco S&P MidCap 400 GARP ETF stock opened at $107.57 on Thursday. The firm has a market capitalization of $535.70 million, a price-to-earnings ratio of 12.13 and a beta of 1.23. The company’s 50 day simple moving average is $110.47 and its 200 day simple moving average is $114.93. Invesco S&P MidCap 400 GARP ETF has a fifty-two week low of $100.88 and a fifty-two week high of $127.48.

Invesco S&P MidCap 400 GARP ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be given a $0.4064 dividend. The ex-dividend date of this dividend is Monday, March 24th. This is a boost 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.