Gladstone Institutional Advisory LLC Has $1.70 Million Stock Holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Gladstone Institutional Advisory LLC lowered its holdings in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 8.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 16,229 shares of the company’s stock after selling 1,465 shares during the period. Gladstone Institutional Advisory LLC’s holdings in Invesco S&P 500 GARP ETF were worth $1,702,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of SPGP. Assetmark Inc. lifted its stake in Invesco S&P 500 GARP ETF by 352.8% in the 3rd quarter. Assetmark Inc. now owns 326 shares of the company’s stock valued at $34,000 after purchasing an additional 254 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Invesco S&P 500 GARP ETF by 34.1% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 393 shares of the company’s stock worth $41,000 after buying an additional 100 shares during the last quarter. Venturi Wealth Management LLC increased its holdings in shares of Invesco S&P 500 GARP ETF by 180.2% during the third quarter. Venturi Wealth Management LLC now owns 706 shares of the company’s stock worth $74,000 after buying an additional 454 shares in the last quarter. Continuum Advisory LLC lifted its stake in shares of Invesco S&P 500 GARP ETF by 6,852.9% in the 3rd quarter. Continuum Advisory LLC now owns 1,182 shares of the company’s stock valued at $130,000 after acquiring an additional 1,165 shares during the last quarter. Finally, Sunbelt Securities Inc. acquired a new stake in shares of Invesco S&P 500 GARP ETF during the 3rd quarter valued at $170,000.

Invesco S&P 500 GARP ETF Stock Up 0.6 %

Shares of SPGP stock opened at $107.44 on Friday. Invesco S&P 500 GARP ETF has a twelve month low of $95.02 and a twelve month high of $112.90. The stock’s fifty day simple moving average is $107.89 and its 200 day simple moving average is $105.98. The firm has a market capitalization of $5.11 billion, a P/E 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.