Harbour Investments Inc. Has $1.58 Million Stock Position in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM)

Harbour Investments Inc. raised its stake in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 1,665.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 13,490 shares of the company’s stock after buying an additional 12,726 shares during the quarter. Harbour Investments Inc. owned about 0.39% of Invesco S&P MidCap 400 GARP ETF worth $1,579,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cape Investment Advisory Inc. acquired a new position in Invesco S&P MidCap 400 GARP ETF in the 1st quarter worth $32,000. PSI Advisors LLC boosted its position in shares of Invesco S&P MidCap 400 GARP ETF by 170.2% during the second quarter. PSI Advisors LLC now owns 554 shares of the company’s stock worth $63,000 after buying an additional 349 shares during the period. Creative Financial Designs Inc. ADV grew its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 121.4% during the third quarter. Creative Financial Designs Inc. ADV now owns 1,302 shares of the company’s stock worth $152,000 after buying an additional 714 shares in the last quarter. Foundations Investment Advisors LLC acquired a new stake in Invesco S&P MidCap 400 GARP ETF in the 2nd quarter valued at approximately $211,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in Invesco S&P MidCap 400 GARP ETF in the 2nd quarter valued at approximately $231,000.

Invesco S&P MidCap 400 GARP ETF Stock Down 0.6 %

Shares of GRPM opened at $120.85 on Thursday. Invesco S&P MidCap 400 GARP ETF has a twelve month low of $86.77 and a twelve month high of $123.94. The stock has a market capitalization of $420.56 million, a P/E ratio of 11.81 and a beta of 1.14. The company has a 50 day moving average of $116.37 and a 200-day moving average of $116.10.

Invesco S&P MidCap 400 GARP ETF 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.