Ring Mountain Capital LLC purchased a new position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 8,868 shares of the company’s stock, valued at approximately $930,000. Invesco S&P 500 GARP ETF makes up 0.6% of Ring Mountain Capital LLC’s holdings, making the stock its 29th largest holding.
Several other hedge funds also recently bought and sold shares of the stock. Assetmark Inc. boosted its holdings in shares of Invesco S&P 500 GARP ETF by 352.8% during the third quarter. Assetmark Inc. now owns 326 shares of the company’s stock worth $34,000 after purchasing an additional 254 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Invesco S&P 500 GARP ETF by 34.1% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 393 shares of the company’s stock worth $41,000 after purchasing an additional 100 shares during the last quarter. Synergy Investment Management LLC acquired a new stake in shares of Invesco S&P 500 GARP ETF during the fourth quarter worth $42,000. Venturi Wealth Management LLC boosted its holdings in shares of Invesco S&P 500 GARP ETF by 180.2% during the third quarter. Venturi Wealth Management LLC now owns 706 shares of the company’s stock worth $74,000 after purchasing an additional 454 shares during the last quarter. Finally, SRS Capital Advisors Inc. acquired a new stake in shares of Invesco S&P 500 GARP ETF during the fourth quarter worth $102,000.
Invesco S&P 500 GARP ETF Stock Down 2.8 %
SPGP stock opened at $102.67 on Tuesday. Invesco S&P 500 GARP ETF has a 52-week low of $95.02 and a 52-week high of $112.90. The stock’s fifty day simple moving average is $107.48 and its 200-day simple moving average is $106.61. The stock has a market capitalization of $3.51 billion, a price-to-earnings ratio of 14.09 and a beta of 1.09.
About Invesco S&P 500 GARP ETF
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.
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