Truist Financial Corp Trims Position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Truist Financial Corp cut its holdings in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 28.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 82,340 shares of the company’s stock after selling 33,401 shares during the quarter. Truist Financial Corp’s holdings in Invesco S&P 500 GARP ETF were worth $8,636,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Assetmark Inc. raised its position in Invesco S&P 500 GARP ETF by 352.8% during the 3rd quarter. Assetmark Inc. now owns 326 shares of the company’s stock worth $34,000 after buying an additional 254 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its position in 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. Venturi Wealth Management LLC raised its position in Invesco S&P 500 GARP ETF by 180.2% during the 3rd quarter. Venturi Wealth Management LLC now owns 706 shares of the company’s stock worth $74,000 after buying an additional 454 shares during the last quarter. Continuum Advisory LLC raised its position in Invesco S&P 500 GARP ETF by 6,852.9% during the 3rd quarter. Continuum Advisory LLC now owns 1,182 shares of the company’s stock worth $130,000 after buying an additional 1,165 shares during the last quarter. Finally, Sunbelt Securities Inc. purchased a new position in Invesco S&P 500 GARP ETF during the 3rd quarter worth approximately $170,000.

Invesco S&P 500 GARP ETF Trading Down 2.6 %

SPGP opened at $105.84 on Friday. Invesco S&P 500 GARP ETF has a 12-month low of $95.02 and a 12-month high of $112.90. The firm has a market capitalization of $5.04 billion, a PE ratio of 15.92 and a beta of 0.97. The firm has a 50 day moving average of $107.57 and a two-hundred day moving average of $106.27.

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.