Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) Stock Position Boosted by First United Bank & Trust

First United Bank & Trust raised its holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 7.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,891 shares of the company’s stock after buying an additional 3,388 shares during the quarter. Invesco S&P 500 GARP ETF makes up approximately 1.9% of First United Bank & Trust’s holdings, making the stock its 9th largest holding. First United Bank & Trust owned 0.10% of Invesco S&P 500 GARP ETF worth $5,128,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Invesco S&P 500 GARP ETF by 34.1% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 393 shares of the company’s stock worth $41,000 after buying an additional 100 shares during the last quarter. EP Wealth Advisors LLC grew its position in Invesco S&P 500 GARP ETF by 7.2% during the second quarter. EP Wealth Advisors LLC now owns 2,104 shares of the company’s stock valued at $216,000 after acquiring an additional 142 shares during the period. Santori & Peters Inc. increased its stake in Invesco S&P 500 GARP ETF by 0.3% during the third quarter. Santori & Peters Inc. now owns 50,280 shares of the company’s stock worth $5,263,000 after acquiring an additional 155 shares during the last quarter. Darwin Wealth Management LLC raised its holdings in shares of Invesco S&P 500 GARP ETF by 8.2% in the 3rd quarter. Darwin Wealth Management LLC now owns 2,285 shares of the company’s stock worth $239,000 after purchasing an additional 173 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC lifted its stake in shares of Invesco S&P 500 GARP ETF by 778.6% in the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 246 shares of the company’s stock valued at $26,000 after purchasing an additional 218 shares in the last quarter.

Invesco S&P 500 GARP ETF Stock Performance

Shares of NYSEARCA:SPGP opened at $110.22 on Tuesday. Invesco S&P 500 GARP ETF has a 1 year low of $93.91 and a 1 year high of $112.90. The stock has a 50-day simple moving average of $108.45 and a 200-day simple moving average of $105.26. The stock has a market capitalization of $5.24 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.