Founders Financial Securities LLC Has $1.64 Million Holdings in 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 27.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,376 shares of the company’s stock after purchasing an additional 3,286 shares during the quarter. Founders Financial Securities LLC’s holdings in Invesco S&P 500 GARP ETF were worth $1,637,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in SPGP. Stratos Wealth Partners LTD. grew its stake in shares of Invesco S&P 500 GARP ETF by 1,149.9% in the fourth quarter. Stratos Wealth Partners LTD. now owns 170,634 shares of the company’s stock valued at $16,729,000 after buying an additional 156,982 shares in the last quarter. Bank of New Hampshire bought a new position in shares of Invesco S&P 500 GARP ETF in the 4th quarter valued at about $861,000. Transcend Capital Advisors LLC grew its position in shares of Invesco S&P 500 GARP ETF by 59.6% in the 4th quarter. Transcend Capital Advisors LLC now owns 12,419 shares of the company’s stock valued at $1,218,000 after acquiring an additional 4,639 shares during the period. Private Client Services LLC bought a new stake in shares of Invesco S&P 500 GARP ETF in the 4th quarter valued at about $227,000. Finally, Thoroughbred Financial Services LLC raised its holdings in shares of Invesco S&P 500 GARP ETF by 14.1% in the 4th quarter. Thoroughbred Financial Services LLC now owns 78,693 shares of the company’s stock valued at $7,715,000 after purchasing an additional 9,743 shares during the period.

Invesco S&P 500 GARP ETF Stock Performance

Invesco S&P 500 GARP ETF stock traded up $0.30 during midday trading on Friday, reaching $102.78. 217,693 shares of the company’s stock were exchanged, compared to its average volume of 304,552. The stock’s 50-day simple moving average is $102.75 and its 200 day simple moving average is $100.94. The firm has a market cap of $4.89 billion, a price-to-earnings ratio of 15.92 and a beta of 0.97. Invesco S&P 500 GARP ETF has a 52 week low of $86.16 and a 52 week high of $107.06.

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.