Elevation Capital Advisory LLC Has $3.75 Million Stake in Invesco S&P 500 GARP ETF $SPGP

Elevation Capital Advisory LLC lifted its stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 21.1% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 33,043 shares of the company’s stock after acquiring an additional 5,758 shares during the period. Invesco S&P 500 GARP ETF accounts for about 1.5% of Elevation Capital Advisory LLC’s portfolio, making the stock its 26th largest position. Elevation Capital Advisory LLC owned approximately 0.14% of Invesco S&P 500 GARP ETF worth $3,754,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of SPGP. CAP Partners LLC increased its stake in Invesco S&P 500 GARP ETF by 5.0% in the second quarter. CAP Partners LLC now owns 2,426 shares of the company’s stock valued at $261,000 after purchasing an additional 116 shares in the last quarter. Visionary Wealth Advisors boosted its position in shares of Invesco S&P 500 GARP ETF by 0.8% during the 2nd quarter. Visionary Wealth Advisors now owns 16,960 shares of the company’s stock worth $1,827,000 after purchasing an additional 128 shares in the last quarter. Investment Planning Advisors Inc. grew its stake in shares of Invesco S&P 500 GARP ETF by 2.1% in the 3rd quarter. Investment Planning Advisors Inc. now owns 9,042 shares of the company’s stock valued at $1,027,000 after buying an additional 190 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in Invesco S&P 500 GARP ETF by 5.1% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 4,014 shares of the company’s stock valued at $456,000 after buying an additional 196 shares in the last quarter. Finally, Fifth Third Securities Inc. increased its position in Invesco S&P 500 GARP ETF by 1.1% in 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 in the last quarter.

Invesco S&P 500 GARP ETF Stock Performance

Shares of NYSEARCA:SPGP opened at $116.72 on Friday. The business’s 50 day simple moving average is $113.91 and its two-hundred day simple moving average is $112.44. The firm has a market cap of $2.46 billion, a P/E 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 $117.90.

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.