Oppenheimer & Co. Inc. purchased a new stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP – Free Report) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 26,355 shares of the company’s stock, valued at approximately $3,132,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Root Financial Partners LLC acquired a new position in Invesco S&P 500 GARP ETF in the 3rd quarter valued at $33,000. Continuum Advisory LLC bought a new stake in shares of Invesco S&P 500 GARP ETF in the second quarter valued at about $108,000. Western Wealth Management LLC bought a new stake in shares of Invesco S&P 500 GARP ETF in the first quarter valued at about $127,000. Sunbelt Securities Inc. boosted its position in shares of Invesco S&P 500 GARP ETF by 4.2% in the first quarter. Sunbelt Securities Inc. now owns 2,162 shares of the company’s stock valued at $233,000 after acquiring an additional 88 shares during the period. Finally, Tactive Advisors LLC boosted its position in shares of Invesco S&P 500 GARP ETF by 4.0% in the third quarter. Tactive Advisors LLC now owns 2,306 shares of the company’s stock valued at $274,000 after acquiring an additional 89 shares during the period.
Invesco S&P 500 GARP ETF Stock Performance
SPGP stock opened at $122.74 on Friday. The company’s 50-day simple moving average is $122.75 and its 200 day simple moving average is $119.07. Invesco S&P 500 GARP ETF has a 52 week low of $103.86 and a 52 week high of $129.64. The company has a market capitalization of $2.08 billion, a PE ratio of 16.90 and a beta of 0.95.
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.
Featured Articles
- Five stocks we like better than Invesco S&P 500 GARP ETF
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Want to see what other hedge funds are holding SPGP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 GARP ETF (NYSEARCA:SPGP – Free Report).
Receive News & Ratings for Invesco S&P 500 GARP ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 GARP ETF and related companies with MarketBeat.com's FREE daily email newsletter.
