Avaii Wealth Management LLC Has $897,000 Stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Avaii Wealth Management LLC decreased its holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 20.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,986 shares of the company’s stock after selling 2,282 shares during the period. Invesco S&P 500 GARP ETF comprises 0.5% of Avaii Wealth Management LLC’s portfolio, making the stock its 29th largest holding. Avaii Wealth Management LLC’s holdings in Invesco S&P 500 GARP ETF were worth $897,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in SPGP. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of Invesco S&P 500 GARP ETF in the 4th quarter valued at about $1,100,000. Hickory Asset Management Inc. acquired a new position in shares of Invesco S&P 500 GARP ETF in the 4th quarter valued at about $2,751,000. Puff Wealth Management LLC acquired a new position in shares of Invesco S&P 500 GARP ETF in the 4th quarter valued at about $331,000. Centerpoint Advisory Group acquired a new position in shares of Invesco S&P 500 GARP ETF in the 4th quarter valued at about $748,000. Finally, Longview Financial Advisors Inc. increased its holdings in shares of Invesco S&P 500 GARP ETF by 7.0% in the 4th quarter. Longview Financial Advisors Inc. now owns 109,599 shares of the company’s stock valued at $11,495,000 after purchasing an additional 7,198 shares during the period.

Invesco S&P 500 GARP ETF Price Performance

Shares of SPGP opened at $104.04 on Friday. The business’s 50-day moving average is $98.88 and its 200-day moving average is $103.18. Invesco S&P 500 GARP ETF has a fifty-two week low of $84.13 and a fifty-two week high of $112.90. The company has a market capitalization of $2.88 billion, a price-to-earnings ratio of 16.14 and a beta of 1.01.

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.