Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) Shares Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC increased its holdings in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 33.4% in the fourth quarter, Holdings Channel reports. The firm owned 10,318 shares of the company’s stock after acquiring an additional 2,586 shares during the period. Farther Finance Advisors LLC’s holdings in Invesco S&P 500 GARP ETF were worth $1,082,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of SPGP. GC Wealth Management RIA LLC raised its position in Invesco S&P 500 GARP ETF by 0.3% in the fourth quarter. GC Wealth Management RIA LLC now owns 45,692 shares of the company’s stock valued at $4,792,000 after purchasing an additional 137 shares during the period. Citizens Financial Group Inc. RI acquired a new stake in shares of Invesco S&P 500 GARP ETF in the fourth quarter valued at about $7,827,000. Independent Advisor Alliance purchased a new stake in shares of Invesco S&P 500 GARP ETF during the 4th quarter valued at about $2,123,000. PNC Financial Services Group Inc. lifted its position in Invesco S&P 500 GARP ETF by 296.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,064 shares of the company’s stock worth $216,000 after acquiring an additional 1,543 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in Invesco S&P 500 GARP ETF by 3.9% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 4,673 shares of the company’s stock worth $490,000 after acquiring an additional 177 shares during the period.

Invesco S&P 500 GARP ETF Stock Up 2.8 %

SPGP opened at $99.55 on Friday. The firm’s 50 day moving average is $106.47 and its 200-day moving average is $106.36. Invesco S&P 500 GARP ETF has a 52-week low of $95.02 and a 52-week high of $112.90. The firm has a market capitalization of $3.32 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.