Fmr LLC Lowers Stock Position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Fmr LLC lessened its stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 14.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,572 shares of the company’s stock after selling 1,073 shares during the period. Fmr LLC’s holdings in Invesco S&P 500 GARP ETF were worth $688,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Sanctuary Advisors LLC purchased a new position in Invesco S&P 500 GARP ETF in the 2nd quarter valued at $12,091,000. LPL Financial LLC boosted its holdings in shares of Invesco S&P 500 GARP ETF by 3.1% in the second quarter. LPL Financial LLC now owns 3,639,864 shares of the company’s stock valued at $374,105,000 after acquiring an additional 109,896 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new position in shares of Invesco S&P 500 GARP ETF during the third quarter worth about $9,526,000. Northwestern Mutual Wealth Management Co. raised its holdings in Invesco S&P 500 GARP ETF by 11.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 782,377 shares of the company’s stock worth $80,414,000 after purchasing an additional 77,616 shares in the last quarter. Finally, Eagle Strategies LLC lifted its position in Invesco S&P 500 GARP ETF by 378.7% in the second quarter. Eagle Strategies LLC now owns 90,162 shares of the company’s stock valued at $9,267,000 after purchasing an additional 71,326 shares during the period.

Invesco S&P 500 GARP ETF Trading Down 0.7 %

NYSEARCA SPGP opened at $107.36 on Wednesday. The stock has a market capitalization of $5.11 billion, a price-to-earnings ratio of 15.92 and a beta of 0.97. The business’s 50 day moving average is $108.66 and its two-hundred day moving average is $104.72. Invesco S&P 500 GARP ETF has a 12-month low of $93.84 and a 12-month high of $112.90.

Invesco S&P 500 GARP ETF Company Profile

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.