Janney Montgomery Scott LLC Sells 5,969 Shares of Invesco S&P 500 GARP ETF $SPGP

Janney Montgomery Scott LLC trimmed its position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 16.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,542 shares of the company’s stock after selling 5,969 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.16% of Invesco S&P 500 GARP ETF worth $3,179,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its position in Invesco S&P 500 GARP ETF by 19.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 449,537 shares of the company’s stock worth $51,184,000 after acquiring an additional 74,711 shares during the last quarter. Campbell Deegan Wealth Management LLC raised its position in Invesco S&P 500 GARP ETF by 3.1% in the 4th quarter. Campbell Deegan Wealth Management LLC now owns 193,630 shares of the company’s stock valued at $22,047,000 after purchasing an additional 5,843 shares during the last quarter. Royal Bank of Canada raised its position in Invesco S&P 500 GARP ETF by 2.3% in the 4th quarter. Royal Bank of Canada now owns 177,198 shares of the company’s stock valued at $20,176,000 after purchasing an additional 3,941 shares during the last quarter. Coastal Bridge Advisors LLC boosted its stake in Invesco S&P 500 GARP ETF by 0.4% in the fourth quarter. Coastal Bridge Advisors LLC now owns 169,779 shares of the company’s stock worth $19,331,000 after purchasing an additional 686 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in Invesco S&P 500 GARP ETF by 115.6% in the third quarter. BNP Paribas Financial Markets now owns 130,000 shares of the company’s stock worth $14,771,000 after purchasing an additional 69,709 shares in the last quarter.

Invesco S&P 500 GARP ETF Stock Performance

Shares of SPGP stock opened at $124.37 on Wednesday. The stock’s fifty day moving average is $119.41 and its 200-day moving average is $115.82. The stock has a market capitalization of $2.22 billion, a PE ratio of 16.90 and a beta of 0.96. Invesco S&P 500 GARP ETF has a 52 week low of $103.86 and a 52 week high of $125.47.

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.