Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) Shares Acquired by Wealth Management Resources Inc.

Wealth Management Resources Inc. raised its holdings in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 4.3% in the 1st quarter, HoldingsChannel reports. The fund owned 122,813 shares of the company’s stock after buying an additional 5,011 shares during the quarter. Invesco S&P 500 GARP ETF accounts for approximately 5.7% of Wealth Management Resources Inc.’s investment portfolio, making the stock its 7th biggest holding. Wealth Management Resources Inc.’s holdings in Invesco S&P 500 GARP ETF were worth $13,078,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in SPGP. Venturi Wealth Management LLC acquired a new position in shares of Invesco S&P 500 GARP ETF during the 4th quarter worth about $25,000. Sound Income Strategies LLC acquired a new position in shares of Invesco S&P 500 GARP ETF during the 1st quarter worth about $28,000. Thompson Investment Management Inc. acquired a new position in shares of Invesco S&P 500 GARP ETF during the 4th quarter worth about $35,000. HBC Financial Services PLLC boosted its position in shares of Invesco S&P 500 GARP ETF by 31.4% in the 4th quarter. HBC Financial Services PLLC now owns 460 shares of the company’s stock valued at $45,000 after purchasing an additional 110 shares during the period. Finally, PNC Financial Services Group Inc. boosted its position in shares of Invesco S&P 500 GARP ETF by 4,581.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 515 shares of the company’s stock valued at $50,000 after purchasing an additional 504 shares during the period.

Invesco S&P 500 GARP ETF Trading Up 0.2 %

Shares of NYSEARCA SPGP traded up $0.21 during trading hours on Thursday, reaching $102.76. The stock had a trading volume of 120,038 shares, compared to its average volume of 301,660. 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 fifty-two week low of $86.16 and a fifty-two week high of $107.06. The firm has a 50-day moving average of $102.82 and a 200-day moving average of $101.06.

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.