Retirement Planning Group LLC Acquires 79,239 Shares of Invesco S&P 500 GARP ETF $SPGP

Retirement Planning Group LLC acquired a new stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 79,239 shares of the company’s stock, valued at approximately $9,415,000. Retirement Planning Group LLC owned approximately 0.47% of Invesco S&P 500 GARP ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC purchased a new stake in shares of Invesco S&P 500 GARP ETF during the second quarter worth $506,000. Lido Advisors LLC acquired a new stake in shares of Invesco S&P 500 GARP ETF in the first quarter valued at about $453,000. Quantinno Capital Management LP raised its position in shares of Invesco S&P 500 GARP ETF by 44.0% in the first quarter. Quantinno Capital Management LP now owns 14,196 shares of the company’s stock valued at $1,528,000 after buying an additional 4,340 shares during the last quarter. Finward Bancorp acquired a new stake in shares of Invesco S&P 500 GARP ETF in the third quarter valued at about $2,309,000. Finally, Howard Financial Services LTD. raised its position in shares of Invesco S&P 500 GARP ETF by 2.3% in the third quarter. Howard Financial Services LTD. now owns 334,458 shares of the company’s stock valued at $39,740,000 after buying an additional 7,425 shares during the last quarter.

Invesco S&P 500 GARP ETF Stock Performance

NYSEARCA:SPGP opened at $122.85 on Tuesday. The company’s 50-day moving average price is $123.57 and its 200-day moving average price is $121.01. The company has a market cap of $2.09 billion, a P/E ratio of 16.90 and a beta of 0.95. Invesco S&P 500 GARP ETF has a twelve month low of $103.86 and a twelve month high of $129.64.

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.