Optivise Advisory Services LLC Has $979,000 Stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Optivise Advisory Services LLC reduced its stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 12.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,330 shares of the company’s stock after selling 1,384 shares during the period. Optivise Advisory Services LLC’s holdings in Invesco S&P 500 GARP ETF were worth $979,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. PNC Financial Services Group Inc. grew its stake in shares of Invesco S&P 500 GARP ETF by 296.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,064 shares of the company’s stock worth $216,000 after buying an additional 1,543 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its holdings in 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 worth $41,000 after purchasing an additional 100 shares in the last quarter. US Bancorp DE raised its position in Invesco S&P 500 GARP ETF by 25.8% in the fourth quarter. US Bancorp DE now owns 3,934 shares of the company’s stock valued at $413,000 after purchasing an additional 808 shares during the last quarter. Jacobi Capital Management LLC boosted its stake in shares of Invesco S&P 500 GARP ETF by 9.4% during the fourth quarter. Jacobi Capital Management LLC now owns 4,329 shares of the company’s stock valued at $454,000 after purchasing an additional 373 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC grew its holdings in shares of Invesco S&P 500 GARP ETF by 23.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 7,723 shares of the company’s stock worth $810,000 after purchasing an additional 1,446 shares during the last quarter.

Invesco S&P 500 GARP ETF Price Performance

NYSEARCA:SPGP opened at $92.61 on Monday. Invesco S&P 500 GARP ETF has a one year low of $84.13 and a one year high of $112.90. The company has a market cap of $2.78 billion, a PE ratio of 14.21 and a beta of 1.03. The firm’s 50 day simple moving average is $99.53 and its 200 day simple moving average is $105.09.

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.