Principle Wealth Partners LLC Boosts Stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Principle Wealth Partners LLC boosted its position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 4.5% in the 4th quarter, Holdings Channel reports. The firm owned 114,810 shares of the company’s stock after buying an additional 4,990 shares during the quarter. Principle Wealth Partners LLC’s holdings in Invesco S&P 500 GARP ETF were worth $12,041,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of SPGP. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Invesco S&P 500 GARP ETF by 34.1% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 393 shares of the company’s stock worth $41,000 after acquiring an additional 100 shares during the last quarter. Glass Jacobson Investment Advisors llc lifted its position in shares of Invesco S&P 500 GARP ETF by 8.9% during the third quarter. Glass Jacobson Investment Advisors llc now owns 3,020 shares of the company’s stock worth $316,000 after purchasing an additional 246 shares during the last quarter. Raymond James Trust N.A. boosted its stake in shares of Invesco S&P 500 GARP ETF by 24.5% during the third quarter. Raymond James Trust N.A. now owns 2,768 shares of the company’s stock valued at $290,000 after purchasing an additional 545 shares during the period. Sunbelt Securities Inc. bought a new position in shares of Invesco S&P 500 GARP ETF in the third quarter worth about $170,000. Finally, Fifth Third Wealth Advisors LLC increased its stake in Invesco S&P 500 GARP ETF by 9.6% in the 4th quarter. Fifth Third Wealth Advisors LLC now owns 2,860 shares of the company’s stock worth $300,000 after buying an additional 250 shares during the period.

Invesco S&P 500 GARP ETF Price Performance

Invesco S&P 500 GARP ETF stock opened at $108.31 on Tuesday. The stock has a market cap of $5.15 billion, a price-to-earnings ratio of 15.92 and a beta of 0.97. The firm has a 50-day moving average of $108.14 and a two-hundred day moving average of $105.90. Invesco S&P 500 GARP ETF has a 1 year low of $95.02 and a 1 year high of $112.90.

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.