Tidemark LLC Has $72,000 Stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Tidemark LLC trimmed its position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 35.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 690 shares of the company’s stock after selling 384 shares during the period. Tidemark LLC’s holdings in Invesco S&P 500 GARP ETF were worth $72,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new position in Invesco S&P 500 GARP ETF during the fourth quarter worth $175,549,000. Howard Financial Services LTD. increased its holdings in Invesco S&P 500 GARP ETF by 12.9% during the fourth quarter. Howard Financial Services LTD. now owns 311,312 shares of the company’s stock worth $32,650,000 after buying an additional 35,495 shares during the last quarter. Armstrong Advisory Group Inc. increased its holdings in Invesco S&P 500 GARP ETF by 7.2% during the fourth quarter. Armstrong Advisory Group Inc. now owns 259,817 shares of the company’s stock worth $27,250,000 after buying an additional 17,485 shares during the last quarter. D Orazio & Associates Inc. increased its holdings in Invesco S&P 500 GARP ETF by 3.1% during the fourth quarter. D Orazio & Associates Inc. now owns 257,427 shares of the company’s stock worth $26,999,000 after buying an additional 7,715 shares during the last quarter. Finally, HighTower Advisors LLC increased its holdings in Invesco S&P 500 GARP ETF by 22.6% during the third 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 last quarter.

Invesco S&P 500 GARP ETF Trading Up 2.8 %

Shares of SPGP opened at $99.55 on Friday. The company has a market cap of $3.32 billion, a price-to-earnings ratio of 15.02 and a beta of 1.10. Invesco S&P 500 GARP ETF has a 1-year low of $95.02 and a 1-year high of $112.90. The company’s fifty day simple moving average is $106.47 and its 200 day simple moving average is $106.38.

Invesco S&P 500 GARP ETF Company 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.