Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) Shares Sold by Nvest Financial LLC

Nvest Financial LLC reduced its stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 3.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,968 shares of the company’s stock after selling 108 shares during the period. Nvest Financial LLC’s holdings in Invesco S&P 500 GARP ETF were worth $311,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. LPL Financial LLC grew its holdings in Invesco S&P 500 GARP ETF by 3.1% during the 2nd quarter. LPL Financial LLC now owns 3,639,864 shares of the company’s stock valued at $374,105,000 after purchasing an additional 109,896 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in Invesco S&P 500 GARP ETF by 18.7% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,388,101 shares of the company’s stock valued at $142,669,000 after purchasing an additional 218,760 shares during the last quarter. Fifth Third Bancorp raised its holdings in shares of Invesco S&P 500 GARP ETF by 1.4% during the second quarter. Fifth Third Bancorp now owns 1,314,431 shares of the company’s stock worth $135,097,000 after purchasing an additional 17,717 shares during the period. Retirement Planning Group LLC lifted its position in shares of Invesco S&P 500 GARP ETF by 2.5% in the 2nd quarter. Retirement Planning Group LLC now owns 1,256,364 shares of the company’s stock worth $129,129,000 after buying an additional 31,185 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in Invesco S&P 500 GARP ETF by 11.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 782,377 shares of the company’s stock valued at $80,414,000 after acquiring an additional 77,616 shares during the period.

Invesco S&P 500 GARP ETF Trading Up 1.0 %

NYSEARCA:SPGP traded up $1.05 during mid-day trading on Friday, hitting $107.09. The stock had a trading volume of 119,047 shares, compared to its average volume of 292,025. Invesco S&P 500 GARP ETF has a 52 week low of $86.16 and a 52 week high of $107.25. The stock has a market capitalization of $5.10 billion, a price-to-earnings ratio of 15.92 and a beta of 0.97. The company has a 50 day simple moving average of $102.29 and a 200-day simple moving average of $102.90.

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.