Inspire Advisors LLC Lowers Stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Inspire Advisors LLC cut its stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 22.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,360 shares of the company’s stock after selling 5,336 shares during the period. Inspire Advisors LLC’s holdings in Invesco S&P 500 GARP ETF were worth $1,926,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in SPGP. Assetmark Inc. lifted its stake in Invesco S&P 500 GARP ETF by 352.8% during the third quarter. Assetmark Inc. now owns 326 shares of the company’s stock worth $34,000 after purchasing an additional 254 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of 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 valued at $41,000 after buying an additional 100 shares in the last quarter. Synergy Investment Management LLC bought a new stake in Invesco S&P 500 GARP ETF in the 4th quarter worth approximately $42,000. Venturi Wealth Management LLC boosted its stake in Invesco S&P 500 GARP ETF by 180.2% in the third quarter. Venturi Wealth Management LLC now owns 706 shares of the company’s stock worth $74,000 after buying an additional 454 shares in the last quarter. Finally, SRS Capital Advisors Inc. purchased a new stake in Invesco S&P 500 GARP ETF in the fourth quarter worth approximately $102,000.

Invesco S&P 500 GARP ETF Stock Performance

SPGP stock opened at $99.68 on Tuesday. The company has a market capitalization of $3.41 billion, a PE ratio of 14.09 and a beta of 1.09. Invesco S&P 500 GARP ETF has a one year low of $95.02 and a one year high of $112.90. The company’s 50 day moving average price is $107.02 and its two-hundred day moving average price is $106.56.

Invesco S&P 500 GARP ETF Company 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.