JPMorgan Chase & Co. Sells 146,894 Shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

JPMorgan Chase & Co. decreased its stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 57.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 107,823 shares of the company’s stock after selling 146,894 shares during the period. JPMorgan Chase & Co.’s holdings in Invesco S&P 500 GARP ETF were worth $11,286,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Sanctuary Advisors LLC purchased a new stake in shares of Invesco S&P 500 GARP ETF during the second quarter worth $12,091,000. Flagship Harbor Advisors LLC purchased 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. increased its position in shares of Invesco S&P 500 GARP ETF by 11.0% in 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 during the last quarter. HighTower Advisors LLC raised its stake in Invesco S&P 500 GARP ETF by 22.6% in the third quarter. HighTower Advisors LLC now owns 239,668 shares of the company’s stock valued at $25,084,000 after purchasing an additional 44,237 shares in the last quarter. Finally, Bank of Montreal Can lifted its position in Invesco S&P 500 GARP ETF by 1,129.3% during the second quarter. Bank of Montreal Can now owns 43,223 shares of the company’s stock valued at $4,467,000 after purchasing an additional 39,707 shares during the last quarter.

Invesco S&P 500 GARP ETF Price Performance

Shares of NYSEARCA:SPGP opened at $105.63 on Monday. The company’s fifty day moving average price is $108.45 and its 200-day moving average price is $105.04. Invesco S&P 500 GARP ETF has a one year low of $93.84 and a one year high of $112.90. The firm has a market capitalization of $5.03 billion, a price-to-earnings ratio of 15.92 and a beta of 0.97.

About Invesco S&P 500 GARP ETF

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.