Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) Shares Sold by Nvest Financial LLC

Nvest Financial LLC reduced its position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 16.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,469 shares of the company’s stock after selling 499 shares during the quarter. Nvest Financial LLC’s holdings in Invesco S&P 500 GARP ETF were worth $259,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of SPGP. Retirement Planning Group LLC boosted its holdings in shares of Invesco S&P 500 GARP ETF by 1.0% in the third quarter. Retirement Planning Group LLC now owns 1,269,426 shares of the company’s stock valued at $132,871,000 after acquiring an additional 13,062 shares in the last quarter. Raymond James & Associates grew its holdings in Invesco S&P 500 GARP ETF by 8.6% in the third quarter. Raymond James & Associates now owns 428,511 shares of the company’s stock valued at $44,852,000 after purchasing an additional 33,934 shares during the last quarter. Howard Financial Services LTD. increased its position in shares of Invesco S&P 500 GARP ETF by 12.9% in the fourth quarter. Howard Financial Services LTD. now owns 311,312 shares of the company’s stock valued at $32,650,000 after buying an additional 35,495 shares in the last quarter. Armstrong Advisory Group Inc. raised its stake in shares of Invesco S&P 500 GARP ETF by 7.2% during the 4th quarter. Armstrong Advisory Group Inc. now owns 259,817 shares of the company’s stock worth $27,250,000 after buying an additional 17,485 shares during the last quarter. Finally, HighTower Advisors LLC boosted its position in shares of Invesco S&P 500 GARP ETF by 22.6% in the 3rd quarter. HighTower Advisors LLC now owns 239,668 shares of the company’s stock worth $25,084,000 after buying an additional 44,237 shares in the last quarter.

Invesco S&P 500 GARP ETF Trading Down 0.4 %

Shares of SPGP opened at $109.54 on Wednesday. The company has a 50-day moving average of $108.56 and a two-hundred day moving average of $105.64. The stock has a market cap of $5.21 billion, a P/E ratio of 15.92 and a beta of 0.97. Invesco S&P 500 GARP ETF has a 12-month low of $95.02 and a 12-month high of $112.90.

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.