Grimes & Company Inc. Sells 1,113 Shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Grimes & Company Inc. decreased its position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 27.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,886 shares of the company’s stock after selling 1,113 shares during the quarter. Grimes & Company Inc.’s holdings in Invesco S&P 500 GARP ETF were worth $302,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. GAMMA Investing LLC bought a new position in Invesco S&P 500 GARP ETF in the second quarter valued at approximately $25,000. Moisand Fitzgerald Tamayo LLC lifted its stake in Invesco S&P 500 GARP ETF by 778.6% in the third quarter. Moisand Fitzgerald Tamayo LLC now owns 246 shares of the company’s stock valued at $26,000 after buying an additional 218 shares in the last quarter. Sound Income Strategies LLC bought a new position in Invesco S&P 500 GARP ETF in the first quarter valued at approximately $28,000. Pineridge Advisors LLC bought a new position in Invesco S&P 500 GARP ETF in the first quarter valued at approximately $31,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in Invesco S&P 500 GARP ETF in the second quarter valued at approximately $35,000.

Invesco S&P 500 GARP ETF Stock Performance

Shares of SPGP opened at $104.99 on Friday. Invesco S&P 500 GARP ETF has a twelve month low of $86.16 and a twelve month high of $107.83. The firm’s 50 day moving average price is $103.74 and its two-hundred day moving average price is $102.93. The firm has a market cap of $5.00 billion, a P/E ratio of 15.92 and a beta of 0.97.

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.