Invesco S&P 500 GARP ETF $SPGP Stock Holdings Lessened by Howard Financial Services LTD.

Howard Financial Services LTD. lowered its stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 3.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 327,925 shares of the company’s stock after selling 12,911 shares during the quarter. Invesco S&P 500 GARP ETF comprises about 4.0% of Howard Financial Services LTD.’s holdings, making the stock its 5th largest position. Howard Financial Services LTD. owned approximately 1.83% of Invesco S&P 500 GARP ETF worth $40,102,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in SPGP. Longview Financial Advisors Inc. raised its stake in Invesco S&P 500 GARP ETF by 3.5% during the 2nd quarter. Longview Financial Advisors Inc. now owns 113,518 shares of the company’s stock valued at $13,882,000 after acquiring an additional 3,818 shares during the last quarter. Western Wealth Management LLC purchased a new position in shares of Invesco S&P 500 GARP ETF in the 1st quarter valued at approximately $127,000. Sunbelt Securities Inc. grew its stake in shares of Invesco S&P 500 GARP ETF by 4.2% in the 1st quarter. Sunbelt Securities Inc. now owns 2,162 shares of the company’s stock valued at $233,000 after purchasing an additional 88 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of Invesco S&P 500 GARP ETF by 1.3% in the first quarter. Royal Bank of Canada now owns 179,510 shares of the company’s stock valued at $19,318,000 after purchasing an additional 2,312 shares during the period. Finally, Quantinno Capital Management LP increased its holdings in shares of Invesco S&P 500 GARP ETF by 44.0% in the first quarter. Quantinno Capital Management LP now owns 14,196 shares of the company’s stock valued at $1,528,000 after purchasing an additional 4,340 shares during the period.

Invesco S&P 500 GARP ETF Price Performance

Invesco S&P 500 GARP ETF stock opened at $128.34 on Wednesday. Invesco S&P 500 GARP ETF has a 12 month low of $103.86 and a 12 month high of $128.56. The business has a 50 day simple moving average of $122.16 and a 200-day simple moving average of $116.98. The stock has a market capitalization of $2.30 billion, a PE ratio of 16.90 and a beta of 0.95.

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.