Bank of America Corp DE Sells 100,879 Shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Bank of America Corp DE lessened its stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 7.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,243,955 shares of the company’s stock after selling 100,879 shares during the period. Bank of America Corp DE owned approximately 2.61% of Invesco S&P 500 GARP ETF worth $130,466,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in SPGP. Aptus Capital Advisors LLC grew its holdings in shares of Invesco S&P 500 GARP ETF by 349.8% in the fourth quarter. Aptus Capital Advisors LLC now owns 922 shares of the company’s stock worth $97,000 after acquiring an additional 717 shares during the period. Jane Street Group LLC purchased a new stake in shares of Invesco S&P 500 GARP ETF during the 4th quarter valued at about $915,000. Integrated Wealth Concepts LLC lifted its stake in shares of Invesco S&P 500 GARP ETF by 2.9% in the 4th quarter. Integrated Wealth Concepts LLC now owns 33,689 shares of the company’s stock worth $3,533,000 after purchasing an additional 938 shares during the period. OneDigital Investment Advisors LLC boosted its holdings in shares of Invesco S&P 500 GARP ETF by 29.3% in the fourth quarter. OneDigital Investment Advisors LLC now owns 2,761 shares of the company’s stock worth $290,000 after buying an additional 625 shares during the last quarter. Finally, Transce3nd LLC purchased a new position in shares of Invesco S&P 500 GARP ETF in the fourth quarter worth approximately $43,000.

Invesco S&P 500 GARP ETF Trading Up 0.1 %

Shares of SPGP stock opened at $99.13 on Friday. Invesco S&P 500 GARP ETF has a 12 month low of $84.13 and a 12 month high of $112.90. The stock has a market cap of $2.83 billion, a P/E ratio of 13.87 and a beta of 1.01. The company has a 50 day simple moving average of $96.61 and a two-hundred day simple moving average of $104.07.

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.