LGT Financial Advisors LLC Has $59,000 Stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

LGT Financial Advisors LLC reduced its holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 82.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 569 shares of the company’s stock after selling 2,643 shares during the quarter. LGT Financial Advisors LLC’s holdings in Invesco S&P 500 GARP ETF were worth $59,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Fisher Asset Management LLC bought a new position in shares of Invesco S&P 500 GARP ETF in the fourth quarter worth about $422,000. Lincoln National Corp lifted its holdings in Invesco S&P 500 GARP ETF by 79.5% during the 4th quarter. Lincoln National Corp now owns 12,979 shares of the company’s stock worth $1,272,000 after buying an additional 5,748 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in Invesco S&P 500 GARP ETF in the 4th quarter valued at $469,000. Iams Wealth Management LLC increased its stake 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 valued at $279,000 after buying an additional 152 shares during the period. Finally, Calton & Associates Inc. raised its position in shares of Invesco S&P 500 GARP ETF by 179.2% during the fourth quarter. Calton & Associates Inc. now owns 19,253 shares of the company’s stock worth $1,888,000 after acquiring an additional 12,358 shares during the last quarter.

Invesco S&P 500 GARP ETF Price Performance

Shares of NYSEARCA:SPGP opened at $100.05 on Friday. The stock has a market cap of $4.76 billion, a price-to-earnings ratio of 15.92 and a beta of 0.97. The company has a 50 day moving average of $102.23 and a 200-day moving average of $102.67. Invesco S&P 500 GARP ETF has a one year low of $86.16 and a one year high of $107.06.

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.