Fifth Third Bancorp Sells 68,069 Shares of Invesco S&P 500 GARP ETF $SPGP

Fifth Third Bancorp cut its position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 12.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 477,082 shares of the company’s stock after selling 68,069 shares during the period. Fifth Third Bancorp’s holdings in Invesco S&P 500 GARP ETF were worth $54,206,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. AQR Capital Management LLC acquired a new position in shares of Invesco S&P 500 GARP ETF in the 1st quarter worth approximately $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 valued at $4,364,000 after purchasing an additional 39,392 shares during the last quarter. Concurrent Investment Advisors LLC boosted its stake in Invesco S&P 500 GARP ETF by 11.5% in the second quarter. Concurrent Investment Advisors LLC now owns 3,116 shares of the company’s stock worth $336,000 after purchasing an additional 321 shares in the last quarter. Elevation Capital Advisory LLC boosted its stake in Invesco S&P 500 GARP ETF by 10.2% in the second quarter. Elevation Capital Advisory LLC now owns 27,285 shares of the company’s stock worth $2,939,000 after purchasing an additional 2,534 shares in the last quarter. Finally, Drive Wealth Management LLC grew its holdings in shares of Invesco S&P 500 GARP ETF by 16.1% during the second quarter. Drive Wealth Management LLC now owns 3,414 shares of the company’s stock worth $368,000 after purchasing an additional 474 shares during the last quarter.

Invesco S&P 500 GARP ETF Stock Performance

Shares of NYSEARCA:SPGP opened at $114.55 on Tuesday. The business has a fifty day moving average of $115.56 and a 200-day moving average of $113.27. Invesco S&P 500 GARP ETF has a twelve month low of $84.13 and a twelve month high of $118.08. The firm has a market cap of $2.39 billion, a PE ratio of 16.90 and a beta of 1.00.

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.