Howard Financial Services LTD. Sells 12,911 Shares of Invesco S&P 500 GARP ETF $SPGP

Howard Financial Services LTD. trimmed its position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 3.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 327,925 shares of the company’s stock after selling 12,911 shares during the quarter. Invesco S&P 500 GARP ETF accounts for approximately 4.0% of Howard Financial Services LTD.’s portfolio, making the stock its 5th largest holding. Howard Financial Services LTD.’s holdings in Invesco S&P 500 GARP ETF were worth $40,102,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco S&P 500 GARP ETF by 19.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 449,537 shares of the company’s stock valued at $51,184,000 after purchasing an additional 74,711 shares in the last quarter. BNP Paribas Financial Markets increased its position in Invesco S&P 500 GARP ETF by 115.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 130,000 shares of the company’s stock worth $14,771,000 after purchasing an additional 69,709 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Invesco S&P 500 GARP ETF by 915.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 43,696 shares of the company’s stock worth $4,364,000 after buying an additional 39,392 shares in the last quarter. Cerity Partners LLC purchased a new position in shares of Invesco S&P 500 GARP ETF during the 2nd quarter worth approximately $4,174,000. Finally, Jump Financial LLC acquired a new stake in shares of Invesco S&P 500 GARP ETF in the 4th quarter valued at approximately $3,907,000.

Invesco S&P 500 GARP ETF Price Performance

Invesco S&P 500 GARP ETF stock opened at $128.34 on Wednesday. Invesco S&P 500 GARP ETF has a 1-year low of $103.86 and a 1-year high of $128.56. The company has a market cap of $2.30 billion, a PE ratio of 16.90 and a beta of 0.95. The stock’s 50 day moving average price is $122.16 and its 200 day moving average price is $116.98.

Invesco S&P 500 GARP ETF Company 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.