Wealth Management Resources Inc. acquired a new stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP – Free Report) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 10,338 shares of the company’s stock, valued at approximately $1,228,000. Invesco S&P 500 GARP ETF comprises approximately 0.4% of Wealth Management Resources Inc.’s portfolio, making the stock its 24th largest position.
A number of other large investors have also made changes to their positions in the stock. Retirement Planning Group LLC purchased a new stake in shares of Invesco S&P 500 GARP ETF during the third quarter worth about $9,415,000. Perryman Financial Advisory Inc. AD acquired a new position in shares of Invesco S&P 500 GARP ETF in the third quarter valued at approximately $2,867,000. Howard Financial Services LTD. raised its position in shares of Invesco S&P 500 GARP ETF by 2.3% in the third quarter. Howard Financial Services LTD. now owns 334,458 shares of the company’s stock valued at $39,740,000 after buying an additional 7,425 shares during the last quarter. Finward Bancorp acquired a new position in shares of Invesco S&P 500 GARP ETF in the third quarter valued at approximately $2,309,000. Finally, Ring Mountain Capital LLC lifted its stake in shares of Invesco S&P 500 GARP ETF by 5.9% during the third quarter. Ring Mountain Capital LLC now owns 16,549 shares of the company’s stock valued at $1,966,000 after buying an additional 927 shares during the period.
Invesco S&P 500 GARP ETF Stock Performance
Shares of SPGP opened at $123.74 on Wednesday. Invesco S&P 500 GARP ETF has a 1 year low of $103.86 and a 1 year high of $129.64. The company’s 50 day simple moving average is $123.49 and its 200 day simple moving average is $121.12. The company has a market capitalization of $2.10 billion, a price-to-earnings ratio of 16.90 and a beta of 0.95.
About Invesco S&P 500 GARP ETF
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.
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