Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) Shares Purchased by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC grew its position in shares of Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 102.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,703 shares of the company’s stock after buying an additional 3,899 shares during the period. Axxcess Wealth Management LLC’s holdings in Invesco S&P MidCap 400 GARP ETF were worth $869,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Merit Financial Group LLC bought a new position in Invesco S&P MidCap 400 GARP ETF during the fourth quarter worth $7,022,000. Jones Financial Companies Lllp boosted its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 83.8% in the 4th quarter. Jones Financial Companies Lllp now owns 58,087 shares of the company’s stock valued at $6,549,000 after buying an additional 26,492 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Invesco S&P MidCap 400 GARP ETF during the 4th quarter valued at about $6,157,000. WealthCare Investment Partners LLC raised its stake in Invesco S&P MidCap 400 GARP ETF by 8.7% during the fourth quarter. WealthCare Investment Partners LLC now owns 52,229 shares of the company’s stock worth $5,900,000 after acquiring an additional 4,189 shares during the period. Finally, 626 Financial LLC lifted its holdings in Invesco S&P MidCap 400 GARP ETF by 112.8% in the fourth quarter. 626 Financial LLC now owns 46,658 shares of the company’s stock worth $5,261,000 after acquiring an additional 24,737 shares during the last quarter.

Invesco S&P MidCap 400 GARP ETF Trading Down 0.7 %

NYSEARCA:GRPM opened at $106.43 on Friday. The stock has a 50 day moving average of $111.05 and a 200-day moving average of $115.08. The firm has a market capitalization of $548.11 million, a PE ratio of 9.22 and a beta of 1.23. Invesco S&P MidCap 400 GARP ETF has a 52 week low of $100.88 and a 52 week high of $127.48.

Invesco S&P MidCap 400 GARP ETF Company Profile

The Invesco S&P MidCap 400 GARP ETF (GRPM) is an exchange-traded fund that is based on the S&P MidCap 400 GARP index. The fund tracks an index of US mid-cap growth stocks with perceived quality and value characteristics. GRPM was launched on Dec 8, 2010 and is issued by Invesco.