Invesco S&P MidCap 400 GARP ETF $GRPM Shares Bought by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC grew its holdings in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 139.5% in the second quarter, Holdings Channel.com reports. The institutional investor owned 15,365 shares of the company’s stock after buying an additional 8,950 shares during the quarter. Sagespring Wealth Partners LLC’s holdings in Invesco S&P MidCap 400 GARP ETF were worth $1,679,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Concurrent Investment Advisors LLC boosted its position in Invesco S&P MidCap 400 GARP ETF by 1.3% during the second quarter. Concurrent Investment Advisors LLC now owns 16,622 shares of the company’s stock worth $1,817,000 after acquiring an additional 216 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in Invesco S&P MidCap 400 GARP ETF during the second quarter worth about $38,000. Seros Financial LLC boosted its position in Invesco S&P MidCap 400 GARP ETF by 2.4% during the second quarter. Seros Financial LLC now owns 8,336 shares of the company’s stock worth $911,000 after acquiring an additional 192 shares during the last quarter. Main Street Group LTD boosted its position in Invesco S&P MidCap 400 GARP ETF by 70.0% during the second quarter. Main Street Group LTD now owns 1,860 shares of the company’s stock worth $203,000 after acquiring an additional 766 shares during the last quarter. Finally, Fortitude Financial LLC boosted its position in Invesco S&P MidCap 400 GARP ETF by 825.1% during the first quarter. Fortitude Financial LLC now owns 143,018 shares of the company’s stock worth $14,974,000 after acquiring an additional 127,559 shares during the last quarter.

Invesco S&P MidCap 400 GARP ETF Trading Up 0.5%

GRPM opened at $118.39 on Wednesday. The firm has a market capitalization of $438.04 million, a PE ratio of 13.88 and a beta of 1.09. Invesco S&P MidCap 400 GARP ETF has a twelve month low of $89.15 and a twelve month high of $127.48. The firm’s 50-day moving average price is $118.86 and its 200 day moving average price is $110.51.

Invesco S&P MidCap 400 GARP ETF 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.