Sagespring Wealth Partners LLC Trims Holdings in Invesco S&P MidCap 400 GARP ETF $GRPM

Sagespring Wealth Partners LLC lowered its holdings in shares of Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 81.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,827 shares of the company’s stock after selling 12,538 shares during the period. Sagespring Wealth Partners LLC owned 0.08% of Invesco S&P MidCap 400 GARP ETF worth $341,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of GRPM. Osaic Holdings Inc. boosted its stake in shares of Invesco S&P MidCap 400 GARP ETF by 76.8% during the second quarter. Osaic Holdings Inc. now owns 112,369 shares of the company’s stock worth $12,294,000 after buying an additional 48,810 shares during the period. Stenger Family Office LLC purchased a new stake in Invesco S&P MidCap 400 GARP ETF during the 2nd quarter valued at approximately $4,207,000. Asset Allocation Strategies LLC acquired a new stake in Invesco S&P MidCap 400 GARP ETF during the 2nd quarter worth approximately $1,288,000. Arrowroot Family Office LLC acquired a new stake in Invesco S&P MidCap 400 GARP ETF during the 2nd quarter worth approximately $1,062,000. Finally, Goldman Sachs Group Inc. grew its stake in shares of Invesco S&P MidCap 400 GARP ETF by 59.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 15,903 shares of the company’s stock valued at $1,665,000 after purchasing an additional 5,903 shares during the last quarter.

Invesco S&P MidCap 400 GARP ETF Trading Down 0.4%

NYSEARCA:GRPM opened at $122.75 on Thursday. Invesco S&P MidCap 400 GARP ETF has a 12-month low of $89.15 and a 12-month high of $125.51. The stock’s 50 day simple moving average is $121.40 and its 200-day simple moving average is $119.00. The firm has a market cap of $520.46 million, a P/E ratio of 13.88 and a beta of 1.11.

About Invesco S&P MidCap 400 GARP ETF

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.