626 Financial LLC Buys 24,737 Shares of Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM)

626 Financial LLC increased its holdings in shares of Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 112.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 46,658 shares of the company’s stock after acquiring an additional 24,737 shares during the period. Invesco S&P MidCap 400 GARP ETF comprises about 2.8% of 626 Financial LLC’s investment portfolio, making the stock its 9th biggest position. 626 Financial LLC owned 1.34% of Invesco S&P MidCap 400 GARP ETF worth $5,261,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in GRPM. Glass Jacobson Investment Advisors llc boosted its position in Invesco S&P MidCap 400 GARP ETF by 772.3% in the third quarter. Glass Jacobson Investment Advisors llc now owns 567 shares of the company’s stock valued at $66,000 after buying an additional 502 shares in the last quarter. MML Investors Services LLC boosted its position in Invesco S&P MidCap 400 GARP ETF by 12.4% in the third quarter. MML Investors Services LLC now owns 17,496 shares of the company’s stock valued at $2,048,000 after buying an additional 1,935 shares in the last quarter. Townsquare Capital LLC bought a new position in shares of Invesco S&P MidCap 400 GARP ETF in the third quarter worth about $264,000. FMR LLC raised its stake in shares of Invesco S&P MidCap 400 GARP ETF by 106.3% in the third quarter. FMR LLC now owns 555 shares of the company’s stock worth $65,000 after acquiring an additional 286 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its stake in shares of Invesco S&P MidCap 400 GARP ETF by 6.3% in the third quarter. Thrivent Financial for Lutherans now owns 4,504 shares of the company’s stock worth $527,000 after acquiring an additional 265 shares during the last quarter.

Invesco S&P MidCap 400 GARP ETF Trading Up 1.4 %

Shares of NYSEARCA GRPM opened at $115.36 on Wednesday. Invesco S&P MidCap 400 GARP ETF has a 1-year low of $95.17 and a 1-year high of $127.48. The company has a market cap of $401.45 million, a PE ratio of 11.81 and a beta of 1.14. The company has a 50-day moving average of $118.60 and a two-hundred day moving average of $116.83.

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.