Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) Shares Bought by Pine Harbor Wealth Management LLC

Pine Harbor Wealth Management LLC grew its position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 1.0% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 67,108 shares of the company’s stock after acquiring an additional 637 shares during the quarter. Invesco S&P 500 GARP ETF makes up approximately 4.1% of Pine Harbor Wealth Management LLC’s investment portfolio, making the stock its 6th biggest position. Pine Harbor Wealth Management LLC’s holdings in Invesco S&P 500 GARP ETF were worth $6,897,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Kingsview Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 GARP ETF by 23.7% during the 4th quarter. Kingsview Wealth Management LLC now owns 5,628 shares of the company’s stock valued at $552,000 after acquiring an additional 1,077 shares in the last quarter. Brown Advisory Inc. raised its position in Invesco S&P 500 GARP ETF by 7.7% in the fourth quarter. Brown Advisory Inc. now owns 15,892 shares of the company’s stock valued at $1,558,000 after purchasing an additional 1,141 shares during the period. TrinityPoint Wealth LLC lifted its stake in shares of Invesco S&P 500 GARP ETF by 65.5% during the fourth quarter. TrinityPoint Wealth LLC now owns 113,895 shares of the company’s stock worth $11,166,000 after purchasing an additional 45,094 shares in the last quarter. UBS Group AG boosted its position in shares of Invesco S&P 500 GARP ETF by 5.6% in the fourth quarter. UBS Group AG now owns 363,383 shares of the company’s stock worth $35,626,000 after buying an additional 19,391 shares during the period. Finally, Gladstone Institutional Advisory LLC grew its stake in shares of Invesco S&P 500 GARP ETF by 8.0% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 17,174 shares of the company’s stock valued at $1,684,000 after buying an additional 1,267 shares in the last quarter.

Invesco S&P 500 GARP ETF Stock Performance

Shares of NYSEARCA:SPGP opened at $101.44 on Friday. The business’s 50-day simple moving average is $101.90 and its 200 day simple moving average is $102.69. The company has a market cap of $4.83 billion, a P/E ratio of 15.92 and a beta of 0.97. Invesco S&P 500 GARP ETF has a one year low of $86.16 and a one year high of $107.06.

About Invesco S&P 500 GARP ETF

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.