Jacobi Capital Management LLC Buys 2,012 Shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Jacobi Capital Management LLC increased its position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 36.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,597 shares of the company’s stock after buying an additional 2,012 shares during the quarter. Jacobi Capital Management LLC’s holdings in Invesco S&P 500 GARP ETF were worth $809,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in SPGP. HBC Financial Services PLLC lifted its stake in Invesco S&P 500 GARP ETF by 31.4% in the fourth quarter. HBC Financial Services PLLC now owns 460 shares of the company’s stock worth $45,000 after acquiring an additional 110 shares during the period. Spire Wealth Management boosted its stake in shares of Invesco S&P 500 GARP ETF by 1.4% during the 1st quarter. Spire Wealth Management now owns 8,704 shares of the company’s stock valued at $927,000 after purchasing an additional 120 shares in the last quarter. Fifth Third Wealth Advisors LLC boosted its stake in shares of Invesco S&P 500 GARP ETF by 5.0% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 2,610 shares of the company’s stock valued at $278,000 after purchasing an additional 125 shares in the last quarter. Iams Wealth Management LLC raised its position in shares of Invesco S&P 500 GARP ETF by 5.6% in the 4th quarter. Iams Wealth Management LLC now owns 2,846 shares of the company’s stock worth $279,000 after acquiring an additional 152 shares in the last quarter. Finally, Silverlake Wealth Management LLC raised its holdings in Invesco S&P 500 GARP ETF by 2.8% in the fourth quarter. Silverlake Wealth Management LLC now owns 6,400 shares of the company’s stock worth $627,000 after purchasing an additional 172 shares in the last quarter.

Invesco S&P 500 GARP ETF Stock Performance

Shares of SPGP traded up $0.84 during mid-day trading on Monday, reaching $104.40. The company had a trading volume of 197,814 shares, compared to its average volume of 305,783. Invesco S&P 500 GARP ETF has a 52 week low of $86.16 and a 52 week high of $107.06. The company has a market capitalization of $4.97 billion, a price-to-earnings ratio of 15.92 and a beta of 0.97. The firm has a 50-day moving average price of $103.27 and a 200 day moving average price of $101.55.

Invesco S&P 500 GARP ETF 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.