Thrivent Financial for Lutherans Sells 201,389 Shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Thrivent Financial for Lutherans trimmed its stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 29.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 486,608 shares of the company’s stock after selling 201,389 shares during the period. Thrivent Financial for Lutherans’ holdings in Invesco S&P 500 GARP ETF were worth $50,014,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. WealthTrust Asset Management LLC grew its stake in Invesco S&P 500 GARP ETF by 4.1% during the 2nd quarter. WealthTrust Asset Management LLC now owns 2,767 shares of the company’s stock worth $284,000 after buying an additional 108 shares during the last quarter. Fifth Third Wealth Advisors LLC grew its stake in Invesco S&P 500 GARP ETF by 5.0% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 2,610 shares of the company’s stock worth $278,000 after buying an additional 125 shares during the last quarter. Concurrent Investment Advisors LLC grew its stake in Invesco S&P 500 GARP ETF by 6.4% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 2,245 shares of the company’s stock worth $231,000 after buying an additional 135 shares during the last quarter. ERn Financial LLC grew its stake in Invesco S&P 500 GARP ETF by 0.6% during the 2nd quarter. ERn Financial LLC now owns 31,821 shares of the company’s stock worth $3,271,000 after buying an additional 185 shares during the last quarter. Finally, Opal Wealth Advisors LLC grew its stake in Invesco S&P 500 GARP ETF by 3.0% during the 2nd quarter. Opal Wealth Advisors LLC now owns 6,975 shares of the company’s stock worth $717,000 after buying an additional 205 shares during the last quarter.

Invesco S&P 500 GARP ETF Price Performance

Shares of SPGP stock opened at $103.83 on Monday. Invesco S&P 500 GARP ETF has a 1-year low of $86.16 and a 1-year high of $107.06. The stock’s fifty day moving average price is $101.95 and its 200 day moving average price is $102.75. The company has a market cap of $4.94 billion, a price-to-earnings ratio of 15.92 and a beta of 0.97.

Invesco S&P 500 GARP ETF 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.