Invesco S&P 500 GARP ETF $SPGP Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp lessened its stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 6.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 411,551 shares of the company’s stock after selling 28,079 shares during the quarter. Fifth Third Bancorp’s holdings in Invesco S&P 500 GARP ETF were worth $44,291,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Walled Lake Planning & Wealth Management LLC boosted its stake in Invesco S&P 500 GARP ETF by 1.4% during the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 6,606 shares of the company’s stock worth $752,000 after buying an additional 88 shares during the last quarter. Opal Wealth Advisors LLC increased its stake in shares of Invesco S&P 500 GARP ETF by 4.2% in the 4th quarter. Opal Wealth Advisors LLC now owns 2,487 shares of the company’s stock worth $283,000 after acquiring an additional 100 shares during the last quarter. Visionary Wealth Advisors increased its stake in shares of Invesco S&P 500 GARP ETF by 0.8% in the 2nd quarter. Visionary Wealth Advisors now owns 16,960 shares of the company’s stock worth $1,827,000 after acquiring an additional 128 shares during the last quarter. Darwin Wealth Management LLC raised its holdings in shares of Invesco S&P 500 GARP ETF by 6.1% during the 4th quarter. Darwin Wealth Management LLC now owns 2,230 shares of the company’s stock worth $254,000 after acquiring an additional 129 shares during the period. Finally, Strategic Wealth Partners Ltd. raised its holdings in shares of Invesco S&P 500 GARP ETF by 2.6% during the 3rd quarter. Strategic Wealth Partners Ltd. now owns 5,129 shares of the company’s stock worth $583,000 after acquiring an additional 129 shares during the period.

Invesco S&P 500 GARP ETF Stock Performance

Shares of SPGP stock opened at $124.43 on Monday. The company’s 50-day moving average price is $119.85 and its 200-day moving average price is $116.00. The stock has a market cap of $2.22 billion, a price-to-earnings ratio of 16.90 and a beta of 0.96. Invesco S&P 500 GARP ETF has a twelve month low of $103.86 and a twelve month high of $125.47.

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.