NewEdge Advisors LLC Sells 28,449 Shares of Invesco S&P 500 GARP ETF $SPGP

NewEdge Advisors LLC reduced its holdings in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 73.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,134 shares of the company’s stock after selling 28,449 shares during the period. NewEdge Advisors LLC’s holdings in Invesco S&P 500 GARP ETF were worth $1,091,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. AQR Capital Management LLC purchased a new stake in shares of Invesco S&P 500 GARP ETF in the 1st quarter valued at $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 worth $4,364,000 after purchasing an additional 39,392 shares during the period. Franklin Resources Inc. purchased a new position in Invesco S&P 500 GARP ETF in the 2nd quarter worth $34,000. Cerity Partners LLC bought a new stake in Invesco S&P 500 GARP ETF in the second quarter worth $4,174,000. Finally, Darwin Wealth Management LLC bought a new stake in Invesco S&P 500 GARP ETF in the second quarter worth $225,000.

Invesco S&P 500 GARP ETF Stock Up 0.0%

NYSEARCA SPGP opened at $125.35 on Friday. The company has a 50-day simple moving average of $121.81 and a two-hundred day simple moving average of $116.81. Invesco S&P 500 GARP ETF has a 12-month low of $103.86 and a 12-month high of $126.66. The firm has a market cap of $2.25 billion, a price-to-earnings ratio of 16.90 and a beta of 0.96.

Invesco S&P 500 GARP ETF 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.