Planned Solutions Inc. Buys New Shares in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Planned Solutions Inc. bought a new stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 99,876 shares of the company’s stock, valued at approximately $9,792,000. Invesco S&P 500 GARP ETF comprises approximately 4.6% of Planned Solutions Inc.’s investment portfolio, making the stock its 6th biggest holding.

Several other large investors have also recently bought and sold shares of the stock. Morgan Stanley raised its stake in Invesco S&P 500 GARP ETF by 20.0% during the 3rd quarter. Morgan Stanley now owns 4,986,125 shares of the company’s stock valued at $454,934,000 after purchasing an additional 832,388 shares during the last quarter. LPL Financial LLC raised its stake in Invesco S&P 500 GARP ETF by 50.1% during the 3rd quarter. LPL Financial LLC now owns 2,670,278 shares of the company’s stock valued at $243,636,000 after purchasing an additional 891,343 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Invesco S&P 500 GARP ETF by 30.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,309,544 shares of the company’s stock valued at $119,483,000 after purchasing an additional 306,394 shares during the last quarter. Retirement Planning Group LLC raised its stake in Invesco S&P 500 GARP ETF by 1.9% during the 4th quarter. Retirement Planning Group LLC now owns 1,228,028 shares of the company’s stock valued at $120,396,000 after purchasing an additional 23,041 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its holdings in Invesco S&P 500 GARP ETF by 15.0% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 1,165,962 shares of the company’s stock valued at $114,311,000 after buying an additional 151,991 shares during the period.

Invesco S&P 500 GARP ETF Price Performance

Shares of Invesco S&P 500 GARP ETF stock opened at $105.84 on Thursday. The firm has a market capitalization of $3.64 billion, a PE ratio of 10.51 and a beta of 1.11. The company’s fifty day moving average price is $99.76 and its two-hundred day moving average price is $95.38. Invesco S&P 500 GARP ETF has a 52-week low of $82.14 and a 52-week high of $105.90.

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.