Elevation Capital Advisory LLC Increases Stock Holdings in Invesco S&P 500 GARP ETF $SPGP

Elevation Capital Advisory LLC increased its position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 21.1% in the third quarter, Holdings Channel.com reports. The fund owned 33,043 shares of the company’s stock after acquiring an additional 5,758 shares during the quarter. Invesco S&P 500 GARP ETF makes up about 1.5% of Elevation Capital Advisory LLC’s holdings, making the stock its 26th biggest holding. Elevation Capital Advisory LLC’s holdings in Invesco S&P 500 GARP ETF were worth $3,754,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Campbell Deegan Wealth Management LLC lifted its stake in Invesco S&P 500 GARP ETF by 5.8% in the 2nd quarter. Campbell Deegan Wealth Management LLC now owns 185,634 shares of the company’s stock worth $19,993,000 after purchasing an additional 10,237 shares in the last quarter. Wealthcare Advisory Partners LLC increased its holdings in shares of Invesco S&P 500 GARP ETF by 8.5% in the second quarter. Wealthcare Advisory Partners LLC now owns 182,430 shares of the company’s stock worth $19,648,000 after purchasing an additional 14,251 shares during the period. Global Retirement Partners LLC bought a new position in shares of Invesco S&P 500 GARP ETF in the second quarter worth $19,560,000. Longview Financial Advisors Inc. raised its position in shares of Invesco S&P 500 GARP ETF by 0.3% in the second quarter. Longview Financial Advisors Inc. now owns 134,405 shares of the company’s stock worth $14,476,000 after buying an additional 437 shares in the last quarter. Finally, Avantax Advisory Services Inc. boosted its stake in Invesco S&P 500 GARP ETF by 1.9% during the second quarter. Avantax Advisory Services Inc. now owns 112,584 shares of the company’s stock valued at $12,125,000 after buying an additional 2,109 shares during the period.

Invesco S&P 500 GARP ETF Stock Up 0.8%

Invesco S&P 500 GARP ETF stock opened at $116.72 on Friday. The stock has a market cap of $2.46 billion, a price-to-earnings ratio of 16.90 and a beta of 1.00. The business has a 50-day simple moving average of $113.91 and a 200 day simple moving average of $112.44. Invesco S&P 500 GARP ETF has a 52 week low of $84.13 and a 52 week high of $117.90.

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.