NWF Advisory Services Inc. Takes $1.47 Million Position in Invesco S&P 500 GARP ETF $SPGP

NWF Advisory Services Inc. bought a new stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 13,647 shares of the company’s stock, valued at approximately $1,470,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SPGP. Franklin Resources Inc. bought a new stake in shares of Invesco S&P 500 GARP ETF during the second quarter valued at approximately $34,000. Wealth Preservation Advisors LLC acquired a new stake in Invesco S&P 500 GARP ETF in the 1st quarter valued at $66,000. Vermillion & White Wealth Management Group LLC increased its stake in Invesco S&P 500 GARP ETF by 97.4% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 1,528 shares of the company’s stock valued at $165,000 after purchasing an additional 754 shares in the last quarter. Wedbush Securities Inc. bought a new stake in Invesco S&P 500 GARP ETF during the 2nd quarter valued at $203,000. Finally, Vestmark Advisory Solutions Inc. acquired a new position in Invesco S&P 500 GARP ETF during the second quarter worth $208,000.

Invesco S&P 500 GARP ETF Trading Down 1.0%

Invesco S&P 500 GARP ETF stock opened at $114.53 on Monday. The firm has a market capitalization of $2.64 billion, a price-to-earnings ratio of 16.90 and a beta of 1.00. The firm’s fifty day moving average price is $112.34 and its two-hundred day moving average price is $110.37. Invesco S&P 500 GARP ETF has a 1-year low of $84.13 and a 1-year high of $116.38.

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.