Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) Position Reduced by IAM Advisory LLC

IAM Advisory LLC trimmed its position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 1.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,108 shares of the company’s stock after selling 246 shares during the period. IAM Advisory LLC’s holdings in Invesco S&P 500 GARP ETF were worth $1,480,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SPGP. Retirement Planning Group LLC boosted its stake in Invesco S&P 500 GARP ETF by 1.0% during the third quarter. Retirement Planning Group LLC now owns 1,269,426 shares of the company’s stock valued at $132,871,000 after buying an additional 13,062 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco S&P 500 GARP ETF by 11.0% in the 2nd 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. Raymond James & Associates raised its holdings in shares of Invesco S&P 500 GARP ETF by 8.6% in the 3rd quarter. Raymond James & Associates now owns 428,511 shares of the company’s stock worth $44,852,000 after purchasing an additional 33,934 shares in the last quarter. Howard Financial Services LTD. lifted its stake in Invesco S&P 500 GARP ETF by 12.9% during the fourth quarter. Howard Financial Services LTD. now owns 311,312 shares of the company’s stock valued at $32,650,000 after purchasing an additional 35,495 shares during the last quarter. Finally, Armstrong Advisory Group Inc. boosted its holdings in Invesco S&P 500 GARP ETF by 7.2% during the fourth quarter. Armstrong Advisory Group Inc. now owns 259,817 shares of the company’s stock worth $27,250,000 after buying an additional 17,485 shares in the last quarter.

Invesco S&P 500 GARP ETF Stock Performance

NYSEARCA SPGP opened at $110.22 on Friday. Invesco S&P 500 GARP ETF has a 1 year low of $93.91 and a 1 year high of $112.90. The business’s fifty day moving average is $108.45 and its two-hundred day moving average is $105.22. The stock has a market capitalization of $5.24 billion, a P/E ratio of 15.92 and a beta of 0.97.

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.