Redhawk Wealth Advisors Inc. Grows Stock Position in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM)

Redhawk Wealth Advisors Inc. grew its position in shares of Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 9.3% during the fourth quarter, HoldingsChannel reports. The firm owned 9,581 shares of the company’s stock after buying an additional 812 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in Invesco S&P MidCap 400 GARP ETF were worth $1,080,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. FMR LLC lifted its stake in shares of Invesco S&P MidCap 400 GARP ETF by 106.3% in the third quarter. FMR LLC now owns 555 shares of the company’s stock worth $65,000 after acquiring an additional 286 shares in the last quarter. Glass Jacobson Investment Advisors llc increased its stake in shares of Invesco S&P MidCap 400 GARP ETF by 772.3% in the third quarter. Glass Jacobson Investment Advisors llc now owns 567 shares of the company’s stock valued at $66,000 after purchasing an additional 502 shares during the period. Creative Financial Designs Inc. ADV boosted its stake in Invesco S&P MidCap 400 GARP ETF by 121.4% during the third quarter. Creative Financial Designs Inc. ADV now owns 1,302 shares of the company’s stock valued at $152,000 after buying an additional 714 shares in the last quarter. Townsquare Capital LLC acquired a new position in Invesco S&P MidCap 400 GARP ETF in the third quarter worth approximately $264,000. Finally, Signature Estate & Investment Advisors LLC grew its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 16.0% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 2,423 shares of the company’s stock worth $284,000 after acquiring an additional 335 shares during the last quarter.

Invesco S&P MidCap 400 GARP ETF Price Performance

Shares of GRPM opened at $117.07 on Thursday. The company has a 50-day moving average of $118.47 and a two-hundred day moving average of $116.84. Invesco S&P MidCap 400 GARP ETF has a one year low of $95.17 and a one year high of $127.48. The stock has a market cap of $407.40 million, a price-to-earnings ratio of 11.81 and a beta of 1.14.

Invesco S&P MidCap 400 GARP ETF Profile

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.