Ritter Daniher Financial Advisory LLC DE Buys New Shares in Invesco S&P 500 GARP ETF $SPGP

Ritter Daniher Financial Advisory LLC DE purchased a new position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 17,607 shares of the company’s stock, valued at approximately $2,000,000. Ritter Daniher Financial Advisory LLC DE owned approximately 0.08% of Invesco S&P 500 GARP ETF as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Franklin Resources Inc. bought a new position in shares of Invesco S&P 500 GARP ETF in the second quarter valued at approximately $34,000. Root Financial Partners LLC purchased a new stake in shares of Invesco S&P 500 GARP ETF during the third quarter worth $36,000. Vermillion & White Wealth Management Group LLC boosted its stake in Invesco S&P 500 GARP ETF by 97.4% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 1,528 shares of the company’s stock worth $165,000 after purchasing an additional 754 shares during the period. Wedbush Securities Inc. purchased a new position in Invesco S&P 500 GARP ETF during the second quarter valued at approximately $203,000. Finally, Vestmark Advisory Solutions Inc. bought a new position in shares of Invesco S&P 500 GARP ETF in the second quarter worth $208,000.

Invesco S&P 500 GARP ETF Stock Performance

NYSEARCA SPGP opened at $116.58 on Friday. The company has a market capitalization of $2.45 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. The company has a fifty day moving average of $114.70 and a 200-day moving average of $112.69.

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.