UBS Group AG Sells 6,395 Shares of Invesco S&P MidCap 400 GARP ETF $GRPM

UBS Group AG trimmed its holdings in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 17.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 30,654 shares of the company’s stock after selling 6,395 shares during the period. UBS Group AG’s holdings in Invesco S&P MidCap 400 GARP ETF were worth $3,679,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fortitude Financial LLC acquired a new position in Invesco S&P MidCap 400 GARP ETF in the fourth quarter valued at about $1,900,000. Ameritas Investment Partners Inc. grew its stake in Invesco S&P MidCap 400 GARP ETF by 32.9% in the third quarter. Ameritas Investment Partners Inc. now owns 62,279 shares of the company’s stock valued at $7,512,000 after acquiring an additional 15,418 shares during the period. Axxcess Wealth Management LLC grew its stake in Invesco S&P MidCap 400 GARP ETF by 353.9% in the third quarter. Axxcess Wealth Management LLC now owns 33,932 shares of the company’s stock valued at $4,093,000 after acquiring an additional 26,457 shares during the period. Thrivent Financial for Lutherans acquired a new position in Invesco S&P MidCap 400 GARP ETF in the third quarter valued at about $331,000. Finally, 626 Financial LLC grew its stake in Invesco S&P MidCap 400 GARP ETF by 1.7% in the third quarter. 626 Financial LLC now owns 100,606 shares of the company’s stock valued at $12,135,000 after acquiring an additional 1,688 shares during the period.

Invesco S&P MidCap 400 GARP ETF Trading Up 0.7%

NYSEARCA:GRPM opened at $126.80 on Friday. Invesco S&P MidCap 400 GARP ETF has a 1 year low of $101.93 and a 1 year high of $128.42. The stock has a market cap of $490.72 million, a price-to-earnings ratio of 13.88 and a beta of 1.02. The stock has a 50-day moving average price of $122.15 and a two-hundred day moving average price of $121.51.

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.