Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) Shares Bought by PSI Advisors LLC

PSI Advisors LLC increased its holdings in shares of Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 170.2% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 554 shares of the company’s stock after purchasing an additional 349 shares during the quarter. PSI Advisors LLC’s holdings in Invesco S&P MidCap 400 GARP ETF were worth $63,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of GRPM. Raymond James Financial Services Advisors Inc. purchased a new position in shares of Invesco S&P MidCap 400 GARP ETF during the 1st quarter valued at approximately $8,347,000. Cetera Investment Advisers acquired a new position in shares of Invesco S&P MidCap 400 GARP ETF during the first quarter valued at $6,991,000. WealthCare Investment Partners LLC increased its stake in shares of Invesco S&P MidCap 400 GARP ETF by 19.9% in the second quarter. WealthCare Investment Partners LLC now owns 41,443 shares of the company’s stock valued at $4,742,000 after purchasing an additional 6,881 shares during the period. Cornerstone Wealth Management LLC bought a new position in Invesco S&P MidCap 400 GARP ETF in the 2nd quarter worth approximately $2,107,000. Finally, Davis Investment Partners LLC bought a new stake in Invesco S&P MidCap 400 GARP ETF during the 1st quarter valued at $1,818,000.

Invesco S&P MidCap 400 GARP ETF Stock Down 0.5 %

GRPM stock opened at $115.29 on Friday. The company has a market capitalization of $401.21 million, a P/E ratio of 11.81 and a beta of 1.14. The company has a 50-day simple moving average of $115.59 and a 200 day simple moving average of $114.54. Invesco S&P MidCap 400 GARP ETF has a fifty-two week low of $81.86 and a fifty-two week high of $123.94.

Invesco S&P MidCap 400 GARP ETF Company Profile

The Invesco S&P MidCap 400 GARP ETF (GRPM) is an exchange-traded fund that is based on the S&P MidCap 400 GARP index. The fund tracks an index of US mid-cap growth stocks with perceived quality and value characteristics. GRPM was launched on Dec 8, 2010 and is issued by Invesco.