Hudock Inc. Raises Stock Holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Hudock Inc. grew its stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 3.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,326 shares of the company’s stock after buying an additional 885 shares during the period. Invesco S&P 500 GARP ETF accounts for 0.5% of Hudock Inc.’s portfolio, making the stock its 28th biggest holding. Hudock Inc. owned 0.06% of Invesco S&P 500 GARP ETF worth $3,174,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in SPGP. Raymond James Financial Services Advisors Inc. raised its holdings in Invesco S&P 500 GARP ETF by 18.7% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,388,101 shares of the company’s stock valued at $142,669,000 after acquiring an additional 218,760 shares during the period. Investment Planning Advisors Inc. bought a new stake in Invesco S&P 500 GARP ETF during the 2nd quarter valued at approximately $12,650,000. Sanctuary Advisors LLC bought a new position in Invesco S&P 500 GARP ETF in the 2nd quarter worth approximately $12,091,000. LPL Financial LLC grew its holdings in Invesco S&P 500 GARP ETF by 3.1% during the 2nd quarter. LPL Financial LLC now owns 3,639,864 shares of the company’s stock valued at $374,105,000 after buying an additional 109,896 shares in the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new position in shares of Invesco S&P 500 GARP ETF in the third quarter worth $9,526,000.

Invesco S&P 500 GARP ETF Trading Up 1.5 %

SPGP traded up $1.56 during trading on Friday, hitting $106.55. 24,509 shares of the company traded hands, compared to its average volume of 288,048. The company has a market cap of $5.07 billion, a PE ratio of 15.92 and a beta of 0.97. The stock’s 50-day simple moving average is $103.74 and its two-hundred day simple moving average is $102.93. Invesco S&P 500 GARP ETF has a 1 year low of $86.16 and a 1 year high of $107.83.

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.