Cadence Bank Purchases New Stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Cadence Bank acquired a new position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,281 shares of the company’s stock, valued at approximately $239,000.

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

Invesco S&P 500 GARP ETF Price Performance

SPGP stock opened at $92.61 on Friday. The company’s 50 day simple moving average is $99.53 and its 200-day simple moving average is $105.09. Invesco S&P 500 GARP ETF has a 12 month low of $84.13 and a 12 month high of $112.90. The firm has a market capitalization of $2.78 billion, a PE ratio of 14.21 and a beta of 1.03.

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.