Global Retirement Partners LLC Reduces Stock Position in Invesco S&P 500 GARP ETF $SPGP

Global Retirement Partners LLC cut its position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 40.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 89,428 shares of the company’s stock after selling 61,521 shares during the period. Global Retirement Partners LLC’s holdings in Invesco S&P 500 GARP ETF were worth $10,182,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Franklin Resources Inc. bought a new stake in Invesco S&P 500 GARP ETF during the 2nd quarter valued at $34,000. Root Financial Partners LLC bought a new stake in Invesco S&P 500 GARP ETF during the 3rd quarter valued at $36,000. GGM Financials LLC bought a new stake in Invesco S&P 500 GARP ETF during the 3rd quarter valued at $42,000. Optiver Holding B.V. bought a new stake in Invesco S&P 500 GARP ETF during the 3rd quarter valued at $65,000. Finally, Elevated Capital Advisors LLC bought a new stake in Invesco S&P 500 GARP ETF during the 4th quarter valued at $78,000.

Invesco S&P 500 GARP ETF Stock Up 2.1%

Shares of NYSEARCA SPGP opened at $117.53 on Thursday. The business has a fifty day simple moving average of $112.85 and a two-hundred day simple moving average of $113.70. The firm has a market cap of $2.22 billion, a PE ratio of 16.90 and a beta of 0.97. Invesco S&P 500 GARP ETF has a twelve month low of $99.49 and a twelve month high of $119.36.

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.