Wealth Management Resources Inc. Buys 10,338 Shares of Invesco S&P 500 GARP ETF $SPGP

Wealth Management Resources Inc. purchased a new stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,338 shares of the company’s stock, valued at approximately $1,228,000. Invesco S&P 500 GARP ETF makes up 0.4% of Wealth Management Resources Inc.’s holdings, making the stock its 24th biggest position. Wealth Management Resources Inc. owned 0.06% of Invesco S&P 500 GARP ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Merkkuri Wealth Advisors LLC purchased a new stake in shares of Invesco S&P 500 GARP ETF in the 1st quarter worth about $87,000. Continuum Advisory LLC purchased a new position in Invesco S&P 500 GARP ETF during the 2nd quarter valued at about $108,000. Western Wealth Management LLC purchased a new position in Invesco S&P 500 GARP ETF during the 1st quarter valued at about $127,000. Sunbelt Securities Inc. increased its holdings in Invesco S&P 500 GARP ETF by 4.2% during the 1st quarter. Sunbelt Securities Inc. now owns 2,162 shares of the company’s stock valued at $233,000 after acquiring an additional 88 shares in the last quarter. Finally, Tactive Advisors LLC raised its position in Invesco S&P 500 GARP ETF by 4.0% during the third quarter. Tactive Advisors LLC now owns 2,306 shares of the company’s stock worth $274,000 after acquiring an additional 89 shares during the last quarter.

Invesco S&P 500 GARP ETF Trading Up 0.7%

Shares of SPGP opened at $123.74 on Wednesday. Invesco S&P 500 GARP ETF has a 12-month low of $103.86 and a 12-month high of $129.64. The stock has a market cap of $2.10 billion, a P/E ratio of 16.90 and a beta of 0.95. The company has a 50-day moving average of $123.49 and a two-hundred day moving average of $121.12.

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.