Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) Shares Acquired by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC boosted its stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 10.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 178,540 shares of the company’s stock after purchasing an additional 16,734 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Invesco S&P 500 GARP ETF were worth $19,013,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Sovereign Financial Group Inc. raised its stake in Invesco S&P 500 GARP ETF by 70.9% during the 1st quarter. Sovereign Financial Group Inc. now owns 10,657 shares of the company’s stock valued at $1,135,000 after acquiring an additional 4,423 shares in the last quarter. Sound Income Strategies LLC bought a new stake in shares of Invesco S&P 500 GARP ETF in the 1st quarter worth $28,000. Financial Designs Corp bought a new stake in shares of Invesco S&P 500 GARP ETF in the 1st quarter worth $6,674,000. RDA Financial Network raised its stake in shares of Invesco S&P 500 GARP ETF by 8.6% in the 1st quarter. RDA Financial Network now owns 2,848 shares of the company’s stock worth $303,000 after buying an additional 226 shares in the last quarter. Finally, Opal Wealth Advisors LLC raised its stake in shares of Invesco S&P 500 GARP ETF by 37.3% in the 1st quarter. Opal Wealth Advisors LLC now owns 6,770 shares of the company’s stock worth $721,000 after buying an additional 1,840 shares in the last quarter.

Invesco S&P 500 GARP ETF Price Performance

Shares of SPGP traded up $0.12 during midday trading on Thursday, reaching $102.60. The stock had a trading volume of 13,510 shares, compared to its average volume of 302,402. Invesco S&P 500 GARP ETF has a 52 week low of $86.16 and a 52 week high of $107.06. The firm’s 50 day moving average price is $102.61 and its 200-day moving average price is $100.81. The company has a market capitalization of $4.88 billion, a P/E ratio of 15.92 and a beta of 0.97.

About Invesco S&P 500 GARP ETF

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.