Asset Allocation Strategies LLC Trims Holdings in Invesco S&P MidCap 400 GARP ETF $GRPM

Asset Allocation Strategies LLC trimmed its stake in shares of Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 36.2% during the first quarter, HoldingsChannel.com reports. The firm owned 18,072 shares of the company’s stock after selling 10,232 shares during the quarter. Asset Allocation Strategies LLC’s holdings in Invesco S&P MidCap 400 GARP ETF were worth $2,137,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in GRPM. Rockefeller Capital Management L.P. boosted its stake in Invesco S&P MidCap 400 GARP ETF by 27.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 711 shares of the company’s stock worth $85,000 after purchasing an additional 151 shares during the period. Sankala Group LLC purchased a new position in Invesco S&P MidCap 400 GARP ETF during the fourth quarter valued at approximately $46,000. Axxcess Wealth Management LLC grew its stake in Invesco S&P MidCap 400 GARP ETF by 3.0% during the fourth quarter. Axxcess Wealth Management LLC now owns 34,943 shares of the company’s stock valued at $4,194,000 after acquiring an additional 1,011 shares in the last quarter. BNB Wealth Management LLC bought a new stake in Invesco S&P MidCap 400 GARP ETF during the 4th quarter worth approximately $556,000. Finally, Cetera Investment Advisers increased its holdings in Invesco S&P MidCap 400 GARP ETF by 5.7% during the 4th quarter. Cetera Investment Advisers now owns 73,331 shares of the company’s stock worth $8,800,000 after acquiring an additional 3,933 shares during the period.

Invesco S&P MidCap 400 GARP ETF Price Performance

NYSEARCA GRPM opened at $129.47 on Monday. Invesco S&P MidCap 400 GARP ETF has a 1 year low of $108.38 and a 1 year high of $131.28. The stock has a market capitalization of $501.05 million, a PE ratio of 13.88 and a beta of 1.01. The company’s 50 day simple moving average is $126.71 and its two-hundred day simple moving average is $123.25.

Invesco S&P MidCap 400 GARP ETF Profile

The Invesco S&P MidCap 400 GARP ETF (GRPM) is an exchange-traded fund that is based on the S&P MidCap 400 GARP index. The fund tracks an index of US mid-cap growth stocks with perceived quality and value characteristics. GRPM was launched on Dec 8, 2010 and is issued by Invesco.