BankPlus Wealth Management LLC Invests $2.73 Million in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

BankPlus Wealth Management LLC acquired a new stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 26,003 shares of the company’s stock, valued at approximately $2,727,000. Invesco S&P 500 GARP ETF accounts for 2.0% of BankPlus Wealth Management LLC’s portfolio, making the stock its 9th biggest holding. BankPlus Wealth Management LLC owned 0.05% of Invesco S&P 500 GARP ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Invesco S&P 500 GARP ETF by 34.1% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 393 shares of the company’s stock valued at $41,000 after purchasing an additional 100 shares during the period. Invst LLC raised its position in shares of Invesco S&P 500 GARP ETF by 13.8% during the second quarter. Invst LLC now owns 13,211 shares of the company’s stock valued at $1,352,000 after buying an additional 1,603 shares during the last quarter. Glass Jacobson Investment Advisors llc lifted its stake in shares of Invesco S&P 500 GARP ETF by 8.9% in the third quarter. Glass Jacobson Investment Advisors llc now owns 3,020 shares of the company’s stock valued at $316,000 after buying an additional 246 shares during the period. Brookstone Capital Management grew its position in Invesco S&P 500 GARP ETF by 96.5% during the third quarter. Brookstone Capital Management now owns 6,329 shares of the company’s stock worth $662,000 after buying an additional 3,108 shares in the last quarter. Finally, Raymond James Trust N.A. increased its stake in Invesco S&P 500 GARP ETF by 24.5% during the third quarter. Raymond James Trust N.A. now owns 2,768 shares of the company’s stock valued at $290,000 after acquiring an additional 545 shares during the period.

Invesco S&P 500 GARP ETF Trading Down 0.6 %

Shares of SPGP stock opened at $109.95 on Tuesday. Invesco S&P 500 GARP ETF has a 12 month low of $95.02 and a 12 month high of $112.90. The company has a market capitalization of $5.23 billion, a P/E ratio of 15.92 and a beta of 0.97. The stock has a 50 day moving average of $108.53 and a two-hundred day moving average of $105.56.

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.