Family Asset Management LLC Sells 33,084 Shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Family Asset Management LLC decreased its holdings in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 69.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,735 shares of the company’s stock after selling 33,084 shares during the period. Invesco S&P 500 GARP ETF comprises approximately 0.9% of Family Asset Management LLC’s holdings, making the stock its 29th largest position. Family Asset Management LLC’s holdings in Invesco S&P 500 GARP ETF were worth $1,542,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. 9258 Wealth Management LLC purchased a new position in shares of Invesco S&P 500 GARP ETF in the 1st quarter worth $229,000. Advisory Services Network LLC grew its stake in shares of Invesco S&P 500 GARP ETF by 31.9% during the first quarter. Advisory Services Network LLC now owns 34,491 shares of the company’s stock worth $3,673,000 after acquiring an additional 8,336 shares during the last quarter. VitalStone Financial LLC purchased a new position in shares of Invesco S&P 500 GARP ETF in the first quarter worth about $135,000. HBC Financial Services PLLC boosted its stake in shares of Invesco S&P 500 GARP ETF by 76.5% in the first quarter. HBC Financial Services PLLC now owns 812 shares of the company’s stock worth $80,000 after buying an additional 352 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in Invesco S&P 500 GARP ETF by 38.3% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 184,667 shares of the company’s stock worth $19,665,000 after purchasing an additional 51,158 shares during the period.

Invesco S&P 500 GARP ETF Trading Up 3.3 %

SPGP stock traded up $3.49 during midday trading on Wednesday, reaching $109.89. The stock had a trading volume of 2,826 shares, compared to its average volume of 283,929. The company has a market cap of $5.23 billion, a price-to-earnings ratio of 15.92 and a beta of 0.97. Invesco S&P 500 GARP ETF has a 52-week low of $88.91 and a 52-week high of $110.14. The company’s fifty day simple moving average is $104.19 and its 200 day simple moving average is $103.08.

Invesco S&P 500 GARP ETF Company 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.