Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) Position Reduced by Retirement Planning Group LLC

Retirement Planning Group LLC reduced its stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGPFree Report) by 0.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,225,179 shares of the company’s stock after selling 2,849 shares during the quarter. Invesco S&P 500 GARP ETF accounts for approximately 10.0% of Retirement Planning Group LLC’s portfolio, making the stock its largest holding. Retirement Planning Group LLC’s holdings in Invesco S&P 500 GARP ETF were worth $130,469,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of SPGP. Morgan Stanley boosted its holdings in Invesco S&P 500 GARP ETF by 20.0% during the 3rd quarter. Morgan Stanley now owns 4,986,125 shares of the company’s stock valued at $454,934,000 after acquiring an additional 832,388 shares during the period. Envestnet Asset Management Inc. lifted its position in Invesco S&P 500 GARP ETF by 49.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 1,952,588 shares of the company’s stock valued at $191,432,000 after purchasing an additional 643,044 shares during the last quarter. Scarborough Advisors LLC purchased a new stake in shares of Invesco S&P 500 GARP ETF during the fourth quarter valued at approximately $27,703,000. Wells Fargo & Company MN grew its holdings in shares of Invesco S&P 500 GARP ETF by 109.5% in the fourth quarter. Wells Fargo & Company MN now owns 523,727 shares of the company’s stock worth $51,346,000 after purchasing an additional 273,734 shares during the last quarter. Finally, Kestra Advisory Services LLC increased its stake in shares of Invesco S&P 500 GARP ETF by 54.4% in the fourth quarter. Kestra Advisory Services LLC now owns 474,308 shares of the company’s stock worth $46,501,000 after buying an additional 167,194 shares during the period.

Invesco S&P 500 GARP ETF Stock Performance

NYSEARCA:SPGP traded down $0.18 during midday trading on Tuesday, reaching $102.82. 146,337 shares of the stock traded hands, compared to its average volume of 305,354. The stock has a market capitalization of $4.89 billion, a P/E ratio of 15.92 and a beta of 0.97. The company has a fifty day moving average of $102.58 and a 200 day moving average of $100.75. Invesco S&P 500 GARP ETF has a 12 month low of $86.16 and a 12 month high of $107.06.

Invesco S&P 500 GARP ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

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