Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) Short Interest Update

Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 703 shares, a decline of 43.7% from the June 30th total of 1,249 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 8,606 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Invesco S&P MidCap 400 GARP ETF

Large investors have recently bought and sold shares of the business. Bank of America Corp DE increased its holdings in Invesco S&P MidCap 400 GARP ETF by 49.9% during the 1st quarter. Bank of America Corp DE now owns 144,156 shares of the company’s stock valued at $17,044,000 after purchasing an additional 47,957 shares in the last quarter. Cetera Investment Advisers boosted its stake in Invesco S&P MidCap 400 GARP ETF by 2.3% in the first quarter. Cetera Investment Advisers now owns 75,046 shares of the company’s stock worth $8,873,000 after purchasing an additional 1,715 shares in the last quarter. Main Street Group LTD grew its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 76.2% during the first quarter. Main Street Group LTD now owns 3,078 shares of the company’s stock worth $364,000 after purchasing an additional 1,331 shares during the last quarter. Sigma Planning Corp grew its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 2.4% during the first quarter. Sigma Planning Corp now owns 11,835 shares of the company’s stock worth $1,399,000 after purchasing an additional 277 shares during the last quarter. Finally, Axxcess Wealth Management LLC increased its stake in shares of Invesco S&P MidCap 400 GARP ETF by 4.8% in the first quarter. Axxcess Wealth Management LLC now owns 36,607 shares of the company’s stock valued at $4,328,000 after buying an additional 1,664 shares in the last quarter.

Invesco S&P MidCap 400 GARP ETF Stock Performance

Invesco S&P MidCap 400 GARP ETF stock traded down $0.47 during trading hours on Friday, hitting $135.35. 5,848 shares of the stock were exchanged, compared to its average volume of 16,742. The stock has a market capitalization of $485.91 million, a P/E ratio of 13.88 and a beta of 1.01. The business’s 50-day moving average is $130.34 and its two-hundred day moving average is $125.16. Invesco S&P MidCap 400 GARP ETF has a 12 month low of $111.60 and a 12 month high of $138.28.

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.