Invesco S&P 500 GARP ETF $SPGP Shares Sold by Money Concepts Capital Corp

Money Concepts Capital Corp decreased its holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 52.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,617 shares of the company’s stock after selling 24,736 shares during the quarter. Money Concepts Capital Corp owned about 0.11% of Invesco S&P 500 GARP ETF worth $2,575,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in SPGP. Modern Wealth Management LLC boosted its position in shares of Invesco S&P 500 GARP ETF by 644.9% in the 3rd quarter. Modern Wealth Management LLC now owns 243,512 shares of the company’s stock worth $27,668,000 after purchasing an additional 210,823 shares in the last quarter. BNP Paribas Financial Markets lifted its position in Invesco S&P 500 GARP ETF by 115.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 130,000 shares of the company’s stock worth $14,771,000 after acquiring an additional 69,709 shares during the period. Goldman Sachs Group Inc. lifted its position in Invesco S&P 500 GARP ETF by 915.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 43,696 shares of the company’s stock worth $4,364,000 after acquiring an additional 39,392 shares during the period. Cerity Partners LLC acquired a new stake in Invesco S&P 500 GARP ETF during the 2nd quarter worth about $4,174,000. Finally, Elevation Capital Advisory LLC lifted its position in Invesco S&P 500 GARP ETF by 89.2% during the 4th quarter. Elevation Capital Advisory LLC now owns 62,520 shares of the company’s stock worth $7,119,000 after acquiring an additional 29,477 shares during the period.

Invesco S&P 500 GARP ETF Stock Performance

Shares of SPGP opened at $116.65 on Wednesday. The stock has a 50-day moving average of $112.53 and a two-hundred day moving average of $113.60. Invesco S&P 500 GARP ETF has a one year low of $99.49 and a one year high of $119.36. The stock has a market cap of $2.20 billion, a P/E ratio of 16.90 and a beta of 0.97.

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.