Arrowroot Family Office LLC Buys New Stake in Invesco S&P MidCap 400 GARP ETF $GRPM

Arrowroot Family Office LLC bought a new stake in shares of Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 9,720 shares of the company’s stock, valued at approximately $1,062,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ameritas Advisory Services LLC acquired a new position in shares of Invesco S&P MidCap 400 GARP ETF during the 2nd quarter valued at $38,000. Envestnet Asset Management Inc. lifted its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 9.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 30,993 shares of the company’s stock valued at $3,245,000 after acquiring an additional 2,653 shares in the last quarter. PFG Advisors lifted its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 4.5% during the 1st quarter. PFG Advisors now owns 4,533 shares of the company’s stock valued at $475,000 after acquiring an additional 197 shares in the last quarter. Private Advisor Group LLC lifted its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 4.2% during the 1st quarter. Private Advisor Group LLC now owns 35,415 shares of the company’s stock valued at $3,708,000 after acquiring an additional 1,440 shares in the last quarter. Finally, Integrity Alliance LLC. lifted its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 38.8% during the 1st quarter. Integrity Alliance LLC. now owns 8,451 shares of the company’s stock valued at $885,000 after acquiring an additional 2,364 shares in the last quarter.

Invesco S&P MidCap 400 GARP ETF Price Performance

Invesco S&P MidCap 400 GARP ETF stock opened at $117.74 on Wednesday. Invesco S&P MidCap 400 GARP ETF has a 12-month low of $89.15 and a 12-month high of $127.48. The company has a market capitalization of $436.82 million, a price-to-earnings ratio of 13.88 and a beta of 1.11. The firm’s fifty day moving average price is $119.71 and its 200 day moving average price is $112.88.

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.