Hobbs Group Advisors LLC lowered its holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP – Free Report) by 42.4% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 4,773 shares of the company’s stock after selling 3,509 shares during the quarter. Hobbs Group Advisors LLC’s holdings in Invesco S&P 500 GARP ETF were worth $514,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Larson Financial Group LLC grew its stake in shares of Invesco S&P 500 GARP ETF by 13,900.0% in the 1st quarter. Larson Financial Group LLC now owns 280 shares of the company’s stock worth $28,000 after purchasing an additional 278 shares during the last quarter. Arlington Trust Co LLC acquired a new position in shares of Invesco S&P 500 GARP ETF in the 1st quarter worth approximately $60,000. Wealth Preservation Advisors LLC acquired a new position in shares of Invesco S&P 500 GARP ETF in the 1st quarter worth approximately $66,000. GPS Wealth Strategies Group LLC grew its stake in shares of Invesco S&P 500 GARP ETF by 31.4% in the 1st quarter. GPS Wealth Strategies Group LLC now owns 904 shares of the company’s stock worth $90,000 after purchasing an additional 216 shares during the last quarter. Finally, Keystone Global Partners LLC purchased a new position in shares of Invesco S&P 500 GARP ETF in the first quarter worth approximately $209,000.
Invesco S&P 500 GARP ETF Price Performance
Invesco S&P 500 GARP ETF stock opened at $110.97 on Friday. The firm’s 50 day simple moving average is $112.18 and its 200-day simple moving average is $105.47. The company has a market cap of $2.59 billion, a P/E ratio of 16.90 and a beta of 1.11. Invesco S&P 500 GARP ETF has a fifty-two week low of $84.13 and a fifty-two week high of $115.88.
About Invesco S&P 500 GARP ETF
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.
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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).
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