Invesco S&P 500 GARP ETF $SPGP Shares Bought by Howard Financial Services LTD.

Howard Financial Services LTD. increased its position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 2.3% during the third quarter, Holdings Channel.com reports. The firm owned 334,458 shares of the company’s stock after buying an additional 7,425 shares during the quarter. Invesco S&P 500 GARP ETF accounts for approximately 4.2% of Howard Financial Services LTD.’s holdings, making the stock its 4th biggest position. Howard Financial Services LTD.’s holdings in Invesco S&P 500 GARP ETF were worth $39,740,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Finward Bancorp bought a new stake in Invesco S&P 500 GARP ETF during the 3rd quarter valued at $2,309,000. Ring Mountain Capital LLC lifted its stake in shares of Invesco S&P 500 GARP ETF by 5.9% in the third quarter. Ring Mountain Capital LLC now owns 16,549 shares of the company’s stock valued at $1,966,000 after buying an additional 927 shares in the last quarter. Longview Financial Advisors Inc. lifted its stake in shares of Invesco S&P 500 GARP ETF by 1.0% in the third quarter. Longview Financial Advisors Inc. now owns 114,634 shares of the company’s stock valued at $13,621,000 after buying an additional 1,116 shares in the last quarter. First Heartland Consultants Inc. bought a new position in shares of Invesco S&P 500 GARP ETF in the third quarter valued at $291,000. Finally, Tactive Advisors LLC lifted its stake in shares of Invesco S&P 500 GARP ETF by 4.0% in the third quarter. Tactive Advisors LLC now owns 2,306 shares of the company’s stock valued at $274,000 after buying an additional 89 shares in the last quarter.

Invesco S&P 500 GARP ETF Price Performance

Shares of NYSEARCA SPGP opened at $121.62 on Thursday. The stock has a market capitalization of $2.07 billion, a P/E ratio of 16.90 and a beta of 0.95. The company has a 50-day moving average price of $123.88 and a 200-day moving average price of $120.64. Invesco S&P 500 GARP ETF has a 1 year low of $103.86 and a 1 year high of $129.64.

About Invesco S&P 500 GARP ETF

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.