Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) Short Interest Update

Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 6,987 shares, a decline of 89.5% from the December 31st total of 66,813 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 92,081 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 92,081 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. AQR Capital Management LLC acquired a new stake in shares of Invesco S&P 500 GARP ETF during the first quarter worth about $337,000. Goldman Sachs Group Inc. raised its position in Invesco S&P 500 GARP ETF by 915.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 43,696 shares of the company’s stock valued at $4,364,000 after purchasing an additional 39,392 shares during the last quarter. Genesis Private Wealth LLC boosted its stake in Invesco S&P 500 GARP ETF by 4.2% during the 2nd quarter. Genesis Private Wealth LLC now owns 31,072 shares of the company’s stock worth $3,346,000 after purchasing an additional 1,242 shares during the period. Fifth Third Securities Inc. boosted its stake in Invesco S&P 500 GARP ETF by 1.1% during the 2nd quarter. Fifth Third Securities Inc. now owns 19,309 shares of the company’s stock worth $2,080,000 after purchasing an additional 214 shares during the period. Finally, BridgePort Financial Solutions LLC increased its stake in Invesco S&P 500 GARP ETF by 4.6% in the second quarter. BridgePort Financial Solutions LLC now owns 21,778 shares of the company’s stock valued at $2,346,000 after purchasing an additional 958 shares during the period.

Invesco S&P 500 GARP ETF Stock Down 0.1%

SPGP stock traded down $0.07 during midday trading on Wednesday, hitting $115.84. The company’s stock had a trading volume of 94,717 shares, compared to its average volume of 86,868. The firm has a 50-day simple moving average of $114.34 and a 200-day simple moving average of $112.64. The firm has a market capitalization of $2.44 billion, a P/E ratio of 16.90 and a beta of 1.00. Invesco S&P 500 GARP ETF has a 52-week low of $84.13 and a 52-week high of $117.90.

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.