Arrowroot Family Office LLC Purchases Shares of 9,720 Invesco S&P MidCap 400 GARP ETF $GRPM

Arrowroot Family Office LLC purchased a new stake in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) during the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 9,720 shares of the company’s stock, valued at approximately $1,062,000. Arrowroot Family Office LLC owned about 0.24% of Invesco S&P MidCap 400 GARP ETF as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 2.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 187,372 shares of the company’s stock valued at $19,618,000 after purchasing an additional 5,271 shares during the last quarter. Fortitude Financial LLC boosted its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 825.1% in the 1st quarter. Fortitude Financial LLC now owns 143,018 shares of the company’s stock valued at $14,974,000 after purchasing an additional 127,559 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 15.8% in the 1st quarter. Cetera Investment Advisers now owns 101,441 shares of the company’s stock valued at $10,621,000 after purchasing an additional 13,846 shares during the last quarter. Kestra Private Wealth Services LLC boosted its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 3.2% in the 1st quarter. Kestra Private Wealth Services LLC now owns 45,033 shares of the company’s stock valued at $4,715,000 after purchasing an additional 1,389 shares during the last quarter. Finally, Thoroughbred Financial Services LLC boosted its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 46.8% in the 1st quarter. Thoroughbred Financial Services LLC now owns 41,806 shares of the company’s stock valued at $4,377,000 after purchasing an additional 13,330 shares during the last quarter.

Invesco S&P MidCap 400 GARP ETF Stock Down 0.7%

Shares of GRPM opened at $117.74 on Wednesday. The firm has a market cap of $436.82 million, a PE ratio of 13.88 and a beta of 1.11. The company’s fifty day moving average is $119.71 and its two-hundred day moving average is $112.88. Invesco S&P MidCap 400 GARP ETF has a fifty-two week low of $89.15 and a fifty-two week high of $127.48.

Invesco S&P MidCap 400 GARP ETF Profile

The Invesco S&P MidCap 400 GARP ETF (GRPM) is an exchange-traded fund that is based on the S&P MidCap 400 GARP index. The fund tracks an index of US mid-cap growth stocks with perceived quality and value characteristics. GRPM was launched on Dec 8, 2010 and is issued by Invesco.