Stratos Wealth Advisors LLC Trims Stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Stratos Wealth Advisors LLC trimmed its holdings in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 32.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,899 shares of the company’s stock after selling 2,348 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in Invesco S&P 500 GARP ETF were worth $514,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SPGP. Grange Capital LLC purchased a new position in Invesco S&P 500 GARP ETF during the fourth quarter worth about $17,245,000. Flagship Harbor Advisors LLC purchased a new position in shares of Invesco S&P 500 GARP ETF in the 3rd quarter worth about $9,526,000. HighTower Advisors LLC boosted its holdings in shares of Invesco S&P 500 GARP ETF by 22.6% in the 3rd quarter. HighTower Advisors LLC now owns 239,668 shares of the company’s stock worth $25,084,000 after purchasing an additional 44,237 shares in the last quarter. Howard Financial Services LTD. boosted its holdings in shares of 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 worth $32,650,000 after purchasing an additional 35,495 shares in the last quarter. Finally, Raymond James & Associates boosted its holdings in shares of Invesco S&P 500 GARP ETF by 8.6% in the 3rd quarter. Raymond James & Associates now owns 428,511 shares of the company’s stock worth $44,852,000 after purchasing an additional 33,934 shares in the last quarter.

Invesco S&P 500 GARP ETF Trading Down 0.8 %

SPGP opened at $107.62 on Friday. The stock has a 50-day moving average price of $108.24 and a 200-day moving average price of $105.83. Invesco S&P 500 GARP ETF has a 12-month low of $95.02 and a 12-month high of $112.90. The stock has a market capitalization of $5.12 billion, a P/E ratio of 15.92 and a beta of 0.97.

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.