Global Retirement Partners LLC Reduces Stake in Invesco S&P 500 GARP ETF $SPGP

Global Retirement Partners LLC cut its holdings in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 16.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 150,949 shares of the company’s stock after selling 30,671 shares during the quarter. Global Retirement Partners LLC owned 0.65% of Invesco S&P 500 GARP ETF worth $17,151,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of SPGP. CAP Partners LLC boosted its holdings in shares of Invesco S&P 500 GARP ETF by 5.0% in the 2nd quarter. CAP Partners LLC now owns 2,426 shares of the company’s stock valued at $261,000 after acquiring an additional 116 shares during the last quarter. Visionary Wealth Advisors boosted its holdings in Invesco S&P 500 GARP ETF by 0.8% in the second quarter. Visionary Wealth Advisors now owns 16,960 shares of the company’s stock valued at $1,827,000 after purchasing an additional 128 shares during the last quarter. Investment Planning Advisors Inc. grew its position in Invesco S&P 500 GARP ETF by 2.1% during the 3rd quarter. Investment Planning Advisors Inc. now owns 9,042 shares of the company’s stock worth $1,027,000 after purchasing an additional 190 shares during the period. Fifth Third Securities Inc. raised its stake in shares of Invesco S&P 500 GARP ETF by 1.1% during the 2nd quarter. Fifth Third Securities Inc. now owns 19,309 shares of the company’s stock valued at $2,080,000 after buying an additional 214 shares during the last quarter. Finally, Perigon Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 GARP ETF by 0.7% in the 2nd quarter. Perigon Wealth Management LLC now owns 33,446 shares of the company’s stock valued at $3,602,000 after buying an additional 237 shares during the period.

Invesco S&P 500 GARP ETF Stock Up 0.6%

Shares of SPGP opened at $114.52 on Friday. The company has a market capitalization of $2.64 billion, a price-to-earnings 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 $116.38. The stock’s 50-day moving average price is $112.77 and its 200-day moving average price is $111.50.

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.