International Private Wealth Advisors LLC Grows Stock Position in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM)

International Private Wealth Advisors LLC increased its stake in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 42.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,652 shares of the company’s stock after purchasing an additional 1,388 shares during the period. International Private Wealth Advisors LLC owned 0.13% of Invesco S&P MidCap 400 GARP ETF worth $525,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Merit Financial Group LLC purchased a new position in Invesco S&P MidCap 400 GARP ETF in the 4th quarter worth $7,022,000. 626 Financial LLC boosted its position in Invesco S&P MidCap 400 GARP ETF by 112.8% in the fourth quarter. 626 Financial LLC now owns 46,658 shares of the company’s stock valued at $5,261,000 after buying an additional 24,737 shares during the last quarter. Kestra Private Wealth Services LLC increased its holdings in Invesco S&P MidCap 400 GARP ETF by 0.5% in the 4th quarter. Kestra Private Wealth Services LLC now owns 43,644 shares of the company’s stock worth $4,921,000 after buying an additional 224 shares during the period. Manning & Napier Advisors LLC purchased a new position in Invesco S&P MidCap 400 GARP ETF during the 4th quarter worth approximately $3,297,000. Finally, Private Advisor Group LLC lifted its stake in Invesco S&P MidCap 400 GARP ETF by 11.1% during the 3rd quarter. Private Advisor Group LLC now owns 27,474 shares of the company’s stock valued at $3,217,000 after acquiring an additional 2,736 shares during the period.

Invesco S&P MidCap 400 GARP ETF Stock Performance

NYSEARCA:GRPM opened at $113.25 on Tuesday. The firm’s fifty day moving average is $115.88 and its two-hundred day moving average is $116.63. The firm has a market cap of $394.11 million, a price-to-earnings ratio of 11.81 and a beta of 1.14. Invesco S&P MidCap 400 GARP ETF has a one year low of $102.15 and a one year high of $127.48.

Invesco S&P MidCap 400 GARP ETF Company Profile

The Invesco S&P MidCap 400 GARP ETF (GRPM) is an exchange-traded fund that is based on the S&P MidCap 400 GARP index. The fund tracks an index of US mid-cap growth stocks with perceived quality and value characteristics. GRPM was launched on Dec 8, 2010 and is issued by Invesco.