Global Retirement Partners LLC Cuts Position in Invesco S&P 500 GARP ETF $SPGP

Global Retirement Partners LLC lessened its position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 40.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,428 shares of the company’s stock after selling 61,521 shares during the quarter. Global Retirement Partners LLC owned about 0.43% of Invesco S&P 500 GARP ETF worth $10,182,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its holdings in Invesco S&P 500 GARP ETF by 19.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 449,537 shares of the company’s stock valued at $51,184,000 after buying an additional 74,711 shares in the last quarter. Modern Wealth Management LLC grew its holdings in Invesco S&P 500 GARP ETF by 644.9% during the 3rd quarter. Modern Wealth Management LLC now owns 243,512 shares of the company’s stock valued at $27,668,000 after buying an additional 210,823 shares in the last quarter. Campbell Deegan Wealth Management LLC grew its holdings in Invesco S&P 500 GARP ETF by 3.1% during the 4th quarter. Campbell Deegan Wealth Management LLC now owns 193,630 shares of the company’s stock valued at $22,047,000 after buying an additional 5,843 shares in the last quarter. Wealthcare Advisory Partners LLC grew its holdings in Invesco S&P 500 GARP ETF by 3.0% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 187,916 shares of the company’s stock valued at $21,351,000 after buying an additional 5,486 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its holdings 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 valued at $14,771,000 after buying an additional 69,709 shares in the last quarter.

Invesco S&P 500 GARP ETF Price Performance

NYSEARCA SPGP opened at $117.53 on Thursday. The stock has a market capitalization of $2.22 billion, a PE ratio of 16.90 and a beta of 0.97. The business has a 50 day simple moving average of $112.85 and a two-hundred day simple moving average of $113.70. Invesco S&P 500 GARP ETF has a 1-year low of $99.49 and a 1-year high of $119.36.

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.