Citizens Financial Group Inc. RI Buys New Shares in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Citizens Financial Group Inc. RI purchased a new stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 74,629 shares of the company’s stock, valued at approximately $7,827,000. Citizens Financial Group Inc. RI owned about 0.16% of Invesco S&P 500 GARP ETF at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of SPGP. Raymond James Financial Inc. acquired a new stake in Invesco S&P 500 GARP ETF in the fourth quarter worth $175,549,000. Howard Financial Services LTD. boosted its position in shares of Invesco S&P 500 GARP ETF by 12.9% during 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 in the last quarter. Armstrong Advisory Group Inc. grew its stake in shares of Invesco S&P 500 GARP ETF by 7.2% in the 4th quarter. Armstrong Advisory Group Inc. now owns 259,817 shares of the company’s stock valued at $27,250,000 after buying an additional 17,485 shares during the period. D Orazio & Associates Inc. increased its position in Invesco S&P 500 GARP ETF by 3.1% in the 4th quarter. D Orazio & Associates Inc. now owns 257,427 shares of the company’s stock valued at $26,999,000 after buying an additional 7,715 shares in the last quarter. Finally, HighTower Advisors LLC raised its stake in Invesco S&P 500 GARP ETF by 22.6% during the 3rd quarter. HighTower Advisors LLC now owns 239,668 shares of the company’s stock worth $25,084,000 after buying an additional 44,237 shares during the period.

Invesco S&P 500 GARP ETF Stock Performance

Shares of NYSEARCA:SPGP opened at $98.36 on Wednesday. Invesco S&P 500 GARP ETF has a 52-week low of $95.02 and a 52-week high of $112.90. The business’s 50 day simple moving average is $106.89 and its two-hundred day simple moving average is $106.51. The firm has a market cap of $3.28 billion, a P/E ratio of 15.02 and a beta of 1.10.

Invesco S&P 500 GARP ETF Profile

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.