Invesco S&P 500 GARP ETF $SPGP Holdings Reduced by Grange Capital LLC

Grange Capital LLC reduced its holdings in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 16.9% during the first quarter, HoldingsChannel reports. The firm owned 99,507 shares of the company’s stock after selling 20,208 shares during the period. Invesco S&P 500 GARP ETF comprises 10.7% of Grange Capital LLC’s portfolio, making the stock its biggest holding. Grange Capital LLC’s holdings in Invesco S&P 500 GARP ETF were worth $10,709,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of SPGP. Franklin Resources Inc. bought a new stake in Invesco S&P 500 GARP ETF in the 2nd quarter worth about $34,000. Sarver Vrooman Wealth Advisors purchased a new stake in shares of Invesco S&P 500 GARP ETF during the 4th quarter valued at about $38,000. Arax Advisory Partners purchased a new stake in shares of Invesco S&P 500 GARP ETF during the 4th quarter valued at about $58,000. Elevated Capital Advisors LLC purchased a new stake in shares of Invesco S&P 500 GARP ETF during the 4th quarter valued at about $78,000. Finally, Merkkuri Wealth Advisors LLC bought a new stake in shares of Invesco S&P 500 GARP ETF in the first quarter worth approximately $87,000.

Invesco S&P 500 GARP ETF Price Performance

SPGP opened at $124.74 on Tuesday. The stock has a market capitalization of $2.23 billion, a price-to-earnings ratio of 16.90 and a beta of 0.96. The firm has a 50 day moving average price of $119.12 and a 200-day moving average price of $115.67. Invesco S&P 500 GARP ETF has a twelve month low of $103.86 and a twelve month high of $124.74.

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.