Ring Mountain Capital LLC Increases Stake in Invesco S&P 500 GARP ETF $SPGP

Ring Mountain Capital LLC raised its holdings in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 3.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,761 shares of the company’s stock after acquiring an additional 499 shares during the quarter. Invesco S&P 500 GARP ETF makes up 1.0% of Ring Mountain Capital LLC’s portfolio, making the stock its 21st largest holding. Ring Mountain Capital LLC’s holdings in Invesco S&P 500 GARP ETF were worth $1,715,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Larson Financial Group LLC raised its holdings in 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 period. Wealth Preservation Advisors LLC bought a new stake in Invesco S&P 500 GARP ETF during the first quarter valued at about $66,000. Keystone Global Partners LLC bought a new stake in Invesco S&P 500 GARP ETF during the first quarter valued at about $209,000. EP Wealth Advisors LLC grew its holdings in Invesco S&P 500 GARP ETF by 12.7% during the first quarter. EP Wealth Advisors LLC now owns 2,211 shares of the company’s stock valued at $221,000 after purchasing an additional 249 shares during the period. Finally, Fairway Wealth LLC grew its holdings in Invesco S&P 500 GARP ETF by 86.2% during the second quarter. Fairway Wealth LLC now owns 2,262 shares of the company’s stock valued at $243,000 after purchasing an additional 1,047 shares during the period.

Invesco S&P 500 GARP ETF Stock Performance

NYSEARCA:SPGP opened at $110.62 on Wednesday. The stock has a 50-day simple moving average of $113.19 and a two-hundred day simple moving average of $107.97. Invesco S&P 500 GARP ETF has a 52-week low of $84.13 and a 52-week high of $115.88. The firm has a market capitalization of $2.55 billion, a PE ratio of 16.90 and a beta of 1.00.

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.