Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) Holdings Cut by Two Sigma Securities LLC

Two Sigma Securities LLC reduced its stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 33.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,196 shares of the company’s stock after selling 1,096 shares during the period. Two Sigma Securities LLC’s holdings in Invesco S&P 500 GARP ETF were worth $230,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Raymond James Financial Inc. acquired a new position in Invesco S&P 500 GARP ETF in the 4th quarter worth about $175,549,000. Wells Fargo & Company MN increased its holdings in Invesco S&P 500 GARP ETF by 74.2% in the fourth quarter. Wells Fargo & Company MN now owns 565,646 shares of the company’s stock worth $59,325,000 after buying an additional 240,941 shares during the last quarter. Howard Financial Services LTD. raised its position in Invesco S&P 500 GARP ETF by 12.9% during the fourth quarter. Howard Financial Services LTD. now owns 311,312 shares of the company’s stock valued at $32,650,000 after acquiring an additional 35,495 shares in the last quarter. Armstrong Advisory Group Inc. lifted its stake in Invesco S&P 500 GARP ETF by 7.2% in the fourth quarter. Armstrong Advisory Group Inc. now owns 259,817 shares of the company’s stock valued at $27,250,000 after acquiring an additional 17,485 shares during the last quarter. Finally, D Orazio & Associates Inc. grew its position in Invesco S&P 500 GARP ETF by 3.1% in the fourth quarter. D Orazio & Associates Inc. now owns 257,427 shares of the company’s stock worth $26,999,000 after acquiring an additional 7,715 shares in the last quarter.

Invesco S&P 500 GARP ETF Trading Up 0.2 %

Invesco S&P 500 GARP ETF stock opened at $96.79 on Wednesday. Invesco S&P 500 GARP ETF has a 1-year low of $84.13 and a 1-year high of $112.90. The firm’s fifty day simple moving average is $97.67 and its 200-day simple moving average is $104.54. The company has a market capitalization of $2.91 billion, a P/E ratio of 14.21 and a beta of 1.03.

Invesco S&P 500 GARP ETF 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.