Fifth Third Bancorp Sells 222,065 Shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Fifth Third Bancorp reduced its position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 17.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,052,461 shares of the company’s stock after selling 222,065 shares during the period. Fifth Third Bancorp’s holdings in Invesco S&P 500 GARP ETF were worth $110,382,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of SPGP. Moisand Fitzgerald Tamayo LLC boosted its stake in Invesco S&P 500 GARP ETF by 778.6% in the third quarter. Moisand Fitzgerald Tamayo LLC now owns 246 shares of the company’s stock worth $26,000 after purchasing an additional 218 shares in the last quarter. Assetmark Inc. lifted its position in Invesco S&P 500 GARP ETF by 352.8% during the 3rd quarter. Assetmark Inc. now owns 326 shares of the company’s stock worth $34,000 after buying an additional 254 shares in the last quarter. EverSource Wealth Advisors LLC bought a new stake in Invesco S&P 500 GARP ETF during the 2nd quarter worth about $39,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Invesco S&P 500 GARP ETF by 34.1% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 393 shares of the company’s stock worth $41,000 after acquiring an additional 100 shares during the last quarter. Finally, Venturi Wealth Management LLC raised its stake in shares of Invesco S&P 500 GARP ETF by 180.2% in the third quarter. Venturi Wealth Management LLC now owns 706 shares of the company’s stock worth $74,000 after acquiring an additional 454 shares during the last quarter.

Invesco S&P 500 GARP ETF Price Performance

SPGP opened at $110.60 on Friday. The stock has a market capitalization of $5.26 billion, a P/E ratio of 15.92 and a beta of 0.97. The company’s 50 day simple moving average is $108.53 and its 200-day simple moving average is $105.51. Invesco S&P 500 GARP ETF has a one year low of $95.02 and a one year high of $112.90.

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.