Marshall Investment Management LLC purchased a new position in shares of Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 32,188 shares of the company’s stock, valued at approximately $3,769,000. Invesco S&P MidCap 400 GARP ETF accounts for approximately 2.2% of Marshall Investment Management LLC’s portfolio, making the stock its 17th biggest holding. Marshall Investment Management LLC owned approximately 0.92% of Invesco S&P MidCap 400 GARP ETF at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. FMR LLC grew its stake in shares of Invesco S&P MidCap 400 GARP ETF by 106.3% during the 3rd quarter. FMR LLC now owns 555 shares of the company’s stock worth $65,000 after acquiring an additional 286 shares during the period. Foundations Investment Advisors LLC grew its stake in shares of Invesco S&P MidCap 400 GARP ETF by 35.9% during the 3rd quarter. Foundations Investment Advisors LLC now owns 2,504 shares of the company’s stock worth $293,000 after acquiring an additional 662 shares during the period. Sigma Planning Corp grew its stake in shares of Invesco S&P MidCap 400 GARP ETF by 97.0% during the 3rd quarter. Sigma Planning Corp now owns 13,732 shares of the company’s stock worth $1,608,000 after acquiring an additional 6,763 shares during the period. Private Advisor Group LLC boosted its stake in Invesco S&P MidCap 400 GARP ETF by 11.1% in the 3rd quarter. Private Advisor Group LLC now owns 27,474 shares of the company’s stock worth $3,217,000 after purchasing an additional 2,736 shares during the period. Finally, Townsquare Capital LLC purchased a new position in Invesco S&P MidCap 400 GARP ETF during the 3rd quarter valued at about $264,000.
Invesco S&P MidCap 400 GARP ETF Trading Down 1.9 %
Shares of Invesco S&P MidCap 400 GARP ETF stock opened at $110.39 on Friday. The company’s 50-day moving average price is $114.16 and its 200-day moving average price is $116.33. Invesco S&P MidCap 400 GARP ETF has a 12-month low of $106.71 and a 12-month high of $127.48. The company has a market cap of $384.16 million, a price-to-earnings ratio of 11.81 and a beta of 1.14.
About Invesco S&P MidCap 400 GARP ETF
The Invesco S&P MidCap 400 GARP ETF (GRPM) is an exchange-traded fund that is based on the S&P MidCap 400 GARP index. The fund tracks an index of US mid-cap growth stocks with perceived quality and value characteristics. GRPM was launched on Dec 8, 2010 and is issued by Invesco.
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