Global Retirement Partners LLC Trims Holdings in Invesco S&P 500 GARP ETF $SPGP

Global Retirement Partners LLC reduced its stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGPFree Report) by 16.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 150,949 shares of the company’s stock after selling 30,671 shares during the period. Global Retirement Partners LLC’s holdings in Invesco S&P 500 GARP ETF were worth $17,151,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Franklin Resources Inc. acquired a new position in shares of Invesco S&P 500 GARP ETF during the 2nd quarter valued at about $34,000. Vermillion & White Wealth Management Group LLC raised its stake in Invesco S&P 500 GARP ETF by 97.4% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 1,528 shares of the company’s stock worth $165,000 after purchasing an additional 754 shares during the period. Wedbush Securities Inc. acquired a new position in Invesco S&P 500 GARP ETF in the 2nd quarter valued at about $203,000. Vestmark Advisory Solutions Inc. acquired a new position in Invesco S&P 500 GARP ETF in the 2nd quarter valued at about $208,000. Finally, Tactive Advisors LLC purchased a new stake in shares of Invesco S&P 500 GARP ETF in the 3rd quarter valued at approximately $237,000.

Invesco S&P 500 GARP ETF Price Performance

Shares of NYSEARCA SPGP opened at $114.52 on Friday. The company has a market capitalization of $2.64 billion, a P/E ratio of 16.90 and a beta of 1.00. The company has a 50 day simple moving average of $112.77 and a 200-day simple moving average of $111.50. Invesco S&P 500 GARP ETF has a 1 year low of $84.13 and a 1 year high of $116.38.

Invesco S&P 500 GARP ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SPGP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 GARP ETF (NYSEARCA:SPGPFree Report).

Institutional Ownership by Quarter for Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

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