Retirement Planning Group LLC Has $132.87 Million Stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Retirement Planning Group LLC increased its stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 1.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,269,426 shares of the company’s stock after acquiring an additional 13,062 shares during the period. Invesco S&P 500 GARP ETF comprises about 7.2% of Retirement Planning Group LLC’s holdings, making the stock its 3rd largest holding. Retirement Planning Group LLC owned approximately 2.67% of Invesco S&P 500 GARP ETF worth $132,871,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC purchased a new position in Invesco S&P 500 GARP ETF during the 2nd quarter valued at about $25,000. Moisand Fitzgerald Tamayo LLC increased its holdings in Invesco S&P 500 GARP ETF by 778.6% during the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 246 shares of the company’s stock valued at $26,000 after purchasing an additional 218 shares during the period. Sound Income Strategies LLC purchased a new position in Invesco S&P 500 GARP ETF during the 1st quarter valued at about $28,000. Pineridge Advisors LLC purchased a new position in shares of Invesco S&P 500 GARP ETF during the 1st quarter worth approximately $31,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Invesco S&P 500 GARP ETF during the 2nd quarter worth approximately $35,000.

Invesco S&P 500 GARP ETF Stock Performance

SPGP stock opened at $107.06 on Friday. Invesco S&P 500 GARP ETF has a fifty-two week low of $86.16 and a fifty-two week high of $107.33. The business’s 50 day moving average price is $102.46 and its two-hundred day moving average price is $102.91. The company has a market capitalization of $5.09 billion, a price-to-earnings ratio of 15.92 and a beta of 0.97.

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.