Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. trimmed its position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 13.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 36,439 shares of the company’s stock after selling 5,622 shares during the period. Oppenheimer & Co. Inc. owned approximately 0.08% of Invesco S&P 500 GARP ETF worth $3,822,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Nwam LLC lifted its stake in Invesco S&P 500 GARP ETF by 5.7% during the fourth quarter. Nwam LLC now owns 22,983 shares of the company’s stock valued at $2,410,000 after purchasing an additional 1,246 shares during the last quarter. Whipplewood Advisors LLC bought a new position in shares of Invesco S&P 500 GARP ETF in the fourth quarter valued at $499,000. Prasad Wealth Partners LLC acquired a new stake in shares of Invesco S&P 500 GARP ETF during the 4th quarter valued at $2,195,000. Sigma Planning Corp boosted its stake in shares of Invesco S&P 500 GARP ETF by 5.3% during the 4th quarter. Sigma Planning Corp now owns 13,504 shares of the company’s stock worth $1,416,000 after acquiring an additional 685 shares in the last quarter. Finally, Longview Financial Advisors Inc. grew its holdings in shares of Invesco S&P 500 GARP ETF by 7.0% in the 4th quarter. Longview Financial Advisors Inc. now owns 109,599 shares of the company’s stock worth $11,495,000 after acquiring an additional 7,198 shares during the last quarter.

Invesco S&P 500 GARP ETF Stock Up 1.3 %

Shares of NYSEARCA SPGP opened at $105.60 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 company has a market cap of $3.61 billion, a price-to-earnings ratio of 14.09 and a beta of 1.09. The business has a fifty day simple moving average of $107.53 and a 200-day simple moving average of $106.56.

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.