Founders Financial Securities LLC Acquires 4,242 Shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Founders Financial Securities LLC lifted its holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 27.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,618 shares of the company’s stock after acquiring an additional 4,242 shares during the period. Founders Financial Securities LLC’s holdings in Invesco S&P 500 GARP ETF were worth $2,016,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. D.A. Davidson & CO. lifted its stake in Invesco S&P 500 GARP ETF by 25.2% in the second quarter. D.A. Davidson & CO. now owns 55,702 shares of the company’s stock worth $5,725,000 after purchasing an additional 11,224 shares during the last quarter. Valmark Advisers Inc. bought a new stake in Invesco S&P 500 GARP ETF in the second quarter worth about $376,000. Obermeyer Wood Investment Counsel Lllp bought a new stake in Invesco S&P 500 GARP ETF in the second quarter worth about $519,000. Avaii Wealth Management LLC lifted its stake in Invesco S&P 500 GARP ETF by 1.5% in the second quarter. Avaii Wealth Management LLC now owns 68,893 shares of the company’s stock worth $7,081,000 after purchasing an additional 1,018 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in Invesco S&P 500 GARP ETF by 3.4% in the second quarter. Commonwealth Equity Services LLC now owns 431,471 shares of the company’s stock worth $44,347,000 after purchasing an additional 14,248 shares during the last quarter.

Invesco S&P 500 GARP ETF Stock Performance

Invesco S&P 500 GARP ETF stock opened at $101.80 on Wednesday. The company has a 50 day moving average price of $102.31 and a 200-day moving average price of $102.70. Invesco S&P 500 GARP ETF has a fifty-two week low of $86.16 and a fifty-two week high of $107.06. The company has a market capitalization of $4.84 billion, a PE ratio of 15.92 and a beta of 0.97.

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.