Sigma Planning Corp Buys 5,459 Shares of Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM)

Sigma Planning Corp boosted its position in shares of Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 39.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 19,191 shares of the company’s stock after acquiring an additional 5,459 shares during the quarter. Sigma Planning Corp’s holdings in Invesco S&P MidCap 400 GARP ETF were worth $2,164,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Foundations Investment Advisors LLC raised its position in Invesco S&P MidCap 400 GARP ETF by 35.9% during the 3rd quarter. Foundations Investment Advisors LLC now owns 2,504 shares of the company’s stock valued at $293,000 after purchasing an additional 662 shares during the last quarter. Private Advisor Group LLC raised its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 11.1% during the third quarter. Private Advisor Group LLC now owns 27,474 shares of the company’s stock valued at $3,217,000 after acquiring an additional 2,736 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 56.8% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,173 shares of the company’s stock valued at $371,000 after acquiring an additional 1,150 shares in the last quarter. Financial Advocates Investment Management bought a new position in shares of Invesco S&P MidCap 400 GARP ETF during the third quarter valued at approximately $1,247,000. Finally, Creative Financial Designs Inc. ADV raised its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 121.4% during the third quarter. Creative Financial Designs Inc. ADV now owns 1,302 shares of the company’s stock valued at $152,000 after acquiring an additional 714 shares in the last quarter.

Invesco S&P MidCap 400 GARP ETF Trading Down 1.9 %

Shares of NYSEARCA GRPM opened at $110.39 on Monday. Invesco S&P MidCap 400 GARP ETF has a 12 month low of $106.71 and a 12 month high of $127.48. The firm has a market capitalization of $384.16 million, a PE ratio of 11.81 and a beta of 1.14. The firm has a fifty day simple moving average of $114.16 and a two-hundred day simple moving average of $116.37.

Invesco S&P MidCap 400 GARP ETF Company Profile

The Invesco S&P MidCap 400 GARP ETF (GRPM) is an exchange-traded fund that is based on the S&P MidCap 400 GARP index. The fund tracks an index of US mid-cap growth stocks with perceived quality and value characteristics. GRPM was launched on Dec 8, 2010 and is issued by Invesco.