Quantum Portfolio Management LLC Invests $757,000 in Invesco S&P 500 GARP ETF $SPGP

Quantum Portfolio Management LLC purchased a new stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,036 shares of the company’s stock, valued at approximately $757,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its position in shares of 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 during the period. BNP Paribas Financial Markets raised its holdings 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 buying an additional 69,709 shares during the period. Goldman Sachs Group Inc. raised its holdings in 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 during the period. Cerity Partners LLC purchased a new stake in Invesco S&P 500 GARP ETF during the second quarter valued at about $4,174,000. Finally, Jump Financial LLC purchased a new stake in Invesco S&P 500 GARP ETF during the fourth quarter valued at about $3,907,000.

Invesco S&P 500 GARP ETF Price Performance

Shares of SPGP opened at $122.83 on Thursday. Invesco S&P 500 GARP ETF has a one year low of $103.86 and a one year high of $125.47. The company has a 50-day moving average of $119.52 and a two-hundred day moving average of $115.88. The stock has a market cap of $2.20 billion, a price-to-earnings ratio of 16.90 and a beta of 0.96.

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.