Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) Short Interest Down 60.1% in August

Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 1,256 shares, a decline of 60.1% from the August 15th total of 3,148 shares. Based on an average daily volume of 5,124 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Invesco S&P MidCap 400 GARP ETF Price Performance

Invesco S&P MidCap 400 GARP ETF stock opened at $140.35 on Friday. The company has a market capitalization of $498.24 million, a price-to-earnings ratio of 13.88 and a beta of 1.01. Invesco S&P MidCap 400 GARP ETF has a one year low of $112.44 and a one year high of $146.45. The company’s fifty day moving average price is $139.08 and its two-hundred day moving average price is $129.32.

Institutional Trading of Invesco S&P MidCap 400 GARP ETF

Large investors have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco S&P MidCap 400 GARP ETF by 507.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 702,706 shares of the company’s stock worth $84,332,000 after acquiring an additional 587,112 shares in the last quarter. HighTower Advisors LLC bought a new position in shares of Invesco S&P MidCap 400 GARP ETF in the 4th quarter valued at approximately $55,433,000. GW Henssler & Associates Ltd. bought a new position in shares of Invesco S&P MidCap 400 GARP ETF in the 4th quarter valued at approximately $20,222,000. Bank of America Corp DE lifted its holdings in Invesco S&P MidCap 400 GARP ETF by 49.9% in the 1st quarter. Bank of America Corp DE now owns 144,156 shares of the company’s stock worth $17,044,000 after purchasing an additional 47,957 shares during the last quarter. Finally, LPL Financial LLC lifted its holdings in Invesco S&P MidCap 400 GARP ETF by 3.8% in the 4th quarter. LPL Financial LLC now owns 127,504 shares of the company’s stock worth $15,302,000 after purchasing an additional 4,709 shares during the last quarter.

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.