Commonwealth Equity Services LLC Trims Stock Position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Commonwealth Equity Services LLC decreased its position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 2.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 422,236 shares of the company’s stock after selling 9,235 shares during the period. Commonwealth Equity Services LLC’s holdings in Invesco S&P 500 GARP ETF were worth $44,195,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in SPGP. CAP Partners LLC purchased a new stake in Invesco S&P 500 GARP ETF in the 1st quarter valued at about $1,194,000. Brookstone Capital Management purchased a new stake in shares of Invesco S&P 500 GARP ETF in the 2nd quarter valued at approximately $339,000. Cozad Asset Management Inc. lifted its holdings in shares of Invesco S&P 500 GARP ETF by 5.1% in the 2nd quarter. Cozad Asset Management Inc. now owns 69,322 shares of the company’s stock worth $7,125,000 after acquiring an additional 3,359 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Invesco S&P 500 GARP ETF by 4,581.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 515 shares of the company’s stock worth $50,000 after purchasing an additional 504 shares during the period. Finally, Advisory Services Network LLC increased its holdings in Invesco S&P 500 GARP ETF by 31.9% in the 1st quarter. Advisory Services Network LLC now owns 34,491 shares of the company’s stock valued at $3,673,000 after purchasing an additional 8,336 shares during the last quarter.

Invesco S&P 500 GARP ETF Stock Up 0.2 %

Shares of NYSEARCA SPGP opened at $107.31 on Monday. The business’s 50 day moving average is $103.39 and its two-hundred day moving average is $102.91. Invesco S&P 500 GARP ETF has a 52-week low of $86.16 and a 52-week high of $107.83. The firm has a market cap of $5.11 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.