Synergy Investment Management LLC Buys New Position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Synergy Investment Management LLC bought a new stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 405 shares of the company’s stock, valued at approximately $42,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Howard Financial Services LTD. raised its position in Invesco S&P 500 GARP ETF by 12.9% in the 4th quarter. Howard Financial Services LTD. now owns 311,312 shares of the company’s stock valued at $32,650,000 after buying an additional 35,495 shares during the last quarter. Armstrong Advisory Group Inc. raised its position in Invesco S&P 500 GARP ETF by 7.2% in the 4th quarter. Armstrong Advisory Group Inc. now owns 259,817 shares of the company’s stock valued at $27,250,000 after buying an additional 17,485 shares during the last quarter. D Orazio & Associates Inc. grew its stake in Invesco S&P 500 GARP ETF by 3.1% in the fourth quarter. D Orazio & Associates Inc. now owns 257,427 shares of the company’s stock valued at $26,999,000 after purchasing an additional 7,715 shares in the last quarter. HighTower Advisors LLC grew its stake in Invesco S&P 500 GARP ETF by 22.6% in the third quarter. HighTower Advisors LLC now owns 239,668 shares of the company’s stock valued at $25,084,000 after purchasing an additional 44,237 shares in the last quarter. Finally, Stratos Wealth Partners LTD. grew its stake in Invesco S&P 500 GARP ETF by 1.7% in the fourth quarter. Stratos Wealth Partners LTD. now owns 231,573 shares of the company’s stock valued at $24,287,000 after purchasing an additional 3,905 shares in the last quarter.

Invesco S&P 500 GARP ETF Stock Up 0.8 %

SPGP stock opened at $101.71 on Thursday. The business has a 50 day moving average price of $107.30 and a two-hundred day moving average price of $106.57. The company has a market cap of $3.48 billion, a price-to-earnings ratio of 14.09 and a beta of 1.09. Invesco S&P 500 GARP ETF has a twelve month low of $95.02 and a twelve month high of $112.90.

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.