Lifeworks Advisors LLC Trims Stock Position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Lifeworks Advisors LLC lessened its holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 12.0% during the 3rd quarter, Holdings Channel reports. The firm owned 2,622 shares of the company’s stock after selling 359 shares during the quarter. Lifeworks Advisors LLC’s holdings in Invesco S&P 500 GARP ETF were worth $274,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of SPGP. US Bancorp DE lifted its holdings in shares of Invesco S&P 500 GARP ETF by 41.1% in the first quarter. US Bancorp DE now owns 3,666 shares of the company’s stock valued at $390,000 after purchasing an additional 1,067 shares in the last quarter. Nwam LLC raised its position in shares of Invesco S&P 500 GARP ETF by 54.8% in the first quarter. Nwam LLC now owns 11,241 shares of the company’s stock valued at $1,153,000 after buying an additional 3,979 shares during the last quarter. Jacobi Capital Management LLC raised its position in shares of Invesco S&P 500 GARP ETF by 36.0% in the first quarter. Jacobi Capital Management LLC now owns 7,597 shares of the company’s stock valued at $809,000 after buying an additional 2,012 shares during the last quarter. Catalytic Wealth RIA LLC raised its position in shares of Invesco S&P 500 GARP ETF by 9.3% in the first quarter. Catalytic Wealth RIA LLC now owns 45,681 shares of the company’s stock valued at $4,865,000 after buying an additional 3,881 shares during the last quarter. Finally, Cedar Wealth Management LLC raised its position in shares of Invesco S&P 500 GARP ETF by 25.3% in the first quarter. Cedar Wealth Management LLC now owns 143,422 shares of the company’s stock valued at $15,273,000 after buying an additional 28,991 shares during the last quarter.

Invesco S&P 500 GARP ETF Price Performance

NYSEARCA:SPGP opened at $109.98 on Friday. The firm has a 50 day simple moving average of $105.09 and a 200-day simple moving average of $103.44. The firm has a market cap of $5.23 billion, a PE ratio of 15.92 and a beta of 0.97. Invesco S&P 500 GARP ETF has a 1-year low of $91.50 and a 1-year high of $111.19.

Invesco S&P 500 GARP ETF 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.