Breakwater Capital Group Has $4.99 Million Stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Breakwater Capital Group boosted its position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 2.1% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 46,811 shares of the company’s stock after purchasing an additional 966 shares during the period. Invesco S&P 500 GARP ETF makes up approximately 1.3% of Breakwater Capital Group’s holdings, making the stock its 18th biggest position. Breakwater Capital Group’s holdings in Invesco S&P 500 GARP ETF were worth $4,985,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Venturi Wealth Management LLC acquired a new position in shares of Invesco S&P 500 GARP ETF during the fourth quarter valued at about $25,000. Sound Income Strategies LLC acquired a new position in shares of Invesco S&P 500 GARP ETF during the first quarter valued at about $28,000. Thompson Investment Management Inc. acquired a new stake in shares of Invesco S&P 500 GARP ETF in the 4th quarter worth about $35,000. HBC Financial Services PLLC raised its holdings in shares of Invesco S&P 500 GARP ETF by 31.4% in the 4th quarter. HBC Financial Services PLLC now owns 460 shares of the company’s stock worth $45,000 after acquiring an additional 110 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in shares of Invesco S&P 500 GARP ETF by 4,581.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 515 shares of the company’s stock worth $50,000 after acquiring an additional 504 shares during the last quarter.

Invesco S&P 500 GARP ETF Trading Up 0.3 %

Shares of SPGP traded up $0.30 on Friday, reaching $102.78. The company’s stock had a trading volume of 217,693 shares, compared to its average volume of 304,552. Invesco S&P 500 GARP ETF has a twelve month low of $86.16 and a twelve month high of $107.06. The stock has a market capitalization of $4.89 billion, a PE ratio of 15.92 and a beta of 0.97. The firm has a fifty day moving average of $102.75 and a 200-day moving average of $100.98.

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.