Silicon Valley Capital Partners Lowers Stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Silicon Valley Capital Partners lessened its stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 7.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 494,524 shares of the company’s stock after selling 37,023 shares during the period. Invesco S&P 500 GARP ETF accounts for about 5.8% of Silicon Valley Capital Partners’ portfolio, making the stock its 5th biggest position. Silicon Valley Capital Partners’ holdings in Invesco S&P 500 GARP ETF were worth $51,866,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Invesco S&P 500 GARP ETF by 34.1% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 393 shares of the company’s stock valued at $41,000 after purchasing an additional 100 shares in the last quarter. Glass Jacobson Investment Advisors llc boosted its holdings in shares of Invesco S&P 500 GARP ETF by 8.9% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 3,020 shares of the company’s stock valued at $316,000 after purchasing an additional 246 shares in the last quarter. Brookstone Capital Management boosted its holdings in shares of Invesco S&P 500 GARP ETF by 96.5% in the 3rd quarter. Brookstone Capital Management now owns 6,329 shares of the company’s stock valued at $662,000 after purchasing an additional 3,108 shares in the last quarter. Raymond James Trust N.A. boosted its holdings in shares of Invesco S&P 500 GARP ETF by 24.5% in the 3rd quarter. Raymond James Trust N.A. now owns 2,768 shares of the company’s stock valued at $290,000 after purchasing an additional 545 shares in the last quarter. Finally, Sunbelt Securities Inc. acquired a new stake in shares of Invesco S&P 500 GARP ETF in the 3rd quarter valued at $170,000.

Invesco S&P 500 GARP ETF Stock Performance

Shares of SPGP stock opened at $107.62 on Monday. The stock’s fifty day moving average price is $108.14 and its two-hundred day moving average price is $105.87. The company has a market cap of $5.12 billion, a PE ratio of 15.92 and a beta of 0.97. Invesco S&P 500 GARP ETF has a fifty-two week low of $95.02 and a fifty-two week 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.