IFP Advisors Inc Sells 2,994 Shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

IFP Advisors Inc lowered its position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 34.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,639 shares of the company’s stock after selling 2,994 shares during the period. IFP Advisors Inc’s holdings in Invesco S&P 500 GARP ETF were worth $592,000 at the end of the most recent reporting period.

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

Invesco S&P 500 GARP ETF Trading Up 1.3 %

NYSEARCA SPGP opened at $105.60 on Friday. The business’s 50-day moving average price is $107.53 and its two-hundred day moving average price is $106.52. Invesco S&P 500 GARP ETF has a 12 month low of $95.02 and a 12 month high of $112.90. The firm has a market capitalization of $3.61 billion, a PE ratio of 14.09 and a beta of 1.09.

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.