Waycross Investment Management Co Trims Holdings in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM)

Waycross Investment Management Co lessened its stake in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 6.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,652 shares of the company’s stock after selling 269 shares during the period. Waycross Investment Management Co’s holdings in Invesco S&P MidCap 400 GARP ETF were worth $428,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Cape Investment Advisory Inc. acquired a new position in Invesco S&P MidCap 400 GARP ETF during the 1st quarter worth $32,000. PSI Advisors LLC raised its stake in shares of Invesco S&P MidCap 400 GARP ETF by 170.2% in the 2nd quarter. PSI Advisors LLC now owns 554 shares of the company’s stock valued at $63,000 after purchasing an additional 349 shares in the last quarter. Aspire Wealth Management Corp bought a new position in shares of Invesco S&P MidCap 400 GARP ETF during the first quarter worth about $64,000. Gateway Advisory LLC grew its stake in Invesco S&P MidCap 400 GARP ETF by 5.0% in the second quarter. Gateway Advisory LLC now owns 33,656 shares of the company’s stock worth $3,851,000 after purchasing an additional 1,603 shares in the last quarter. Finally, Foundations Investment Advisors LLC bought a new stake in Invesco S&P MidCap 400 GARP ETF in the second quarter valued at about $211,000.

Invesco S&P MidCap 400 GARP ETF Trading Up 0.9 %

NYSEARCA GRPM traded up $1.05 on Friday, hitting $116.93. 33,735 shares of the stock traded hands, compared to its average volume of 31,235. The company has a market capitalization of $406.92 million, a P/E ratio of 11.81 and a beta of 1.14. The stock has a 50-day moving average of $115.02 and a 200 day moving average of $115.95. Invesco S&P MidCap 400 GARP ETF has a twelve month low of $81.86 and a twelve month high of $123.94.

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.