Mutual Advisors LLC Has $1.22 Million Holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Mutual Advisors LLC decreased its position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 16.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 11,162 shares of the company’s stock after selling 2,221 shares during the period. Mutual Advisors LLC’s holdings in Invesco S&P 500 GARP ETF were worth $1,223,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Retirement Planning Group LLC lifted its position in Invesco S&P 500 GARP ETF by 1.0% in the 3rd quarter. Retirement Planning Group LLC now owns 1,269,426 shares of the company’s stock worth $132,871,000 after buying an additional 13,062 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Invesco S&P 500 GARP ETF by 11.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 782,377 shares of the company’s stock valued at $80,414,000 after purchasing an additional 77,616 shares during the last quarter. Raymond James & Associates grew its stake in Invesco S&P 500 GARP ETF by 8.6% in the third quarter. Raymond James & Associates now owns 428,511 shares of the company’s stock valued at $44,852,000 after purchasing an additional 33,934 shares in the last quarter. Howard Financial Services LTD. increased its position in Invesco S&P 500 GARP ETF by 12.9% in the 4th quarter. Howard Financial Services LTD. now owns 311,312 shares of the company’s stock worth $32,650,000 after purchasing an additional 35,495 shares during the last quarter. Finally, Armstrong Advisory Group Inc. raised its stake in shares of Invesco S&P 500 GARP ETF by 7.2% during the 4th quarter. Armstrong Advisory Group Inc. now owns 259,817 shares of the company’s stock worth $27,250,000 after purchasing an additional 17,485 shares in the last quarter.

Invesco S&P 500 GARP ETF Stock Performance

Shares of NYSEARCA SPGP opened at $110.60 on Friday. The business has a 50 day simple moving average of $108.53 and a 200 day simple moving average of $105.51. Invesco S&P 500 GARP ETF has a 52 week low of $95.02 and a 52 week high of $112.90. The stock has a market cap of $5.26 billion, a price-to-earnings ratio of 15.92 and a beta of 0.97.

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.