Truist Financial Corp Sells 33,401 Shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Truist Financial Corp reduced its position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 28.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 82,340 shares of the company’s stock after selling 33,401 shares during the period. Truist Financial Corp owned 0.17% of Invesco S&P 500 GARP ETF worth $8,636,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Howard Financial Services LTD. boosted its holdings in shares of Invesco S&P 500 GARP ETF by 12.9% in the 4th quarter. Howard Financial Services LTD. now owns 311,312 shares of the company’s stock valued at $32,650,000 after buying an additional 35,495 shares in the last quarter. Armstrong Advisory Group Inc. boosted its stake in Invesco S&P 500 GARP ETF by 7.2% in the 4th quarter. Armstrong Advisory Group Inc. now owns 259,817 shares of the company’s stock worth $27,250,000 after purchasing an additional 17,485 shares in the last quarter. D Orazio & Associates Inc. boosted its stake in Invesco S&P 500 GARP ETF by 3.1% in the 4th quarter. D Orazio & Associates Inc. now owns 257,427 shares of the company’s stock worth $26,999,000 after purchasing an additional 7,715 shares in the last quarter. HighTower Advisors LLC boosted its stake in Invesco S&P 500 GARP ETF by 22.6% in the 3rd quarter. HighTower Advisors LLC now owns 239,668 shares of the company’s stock worth $25,084,000 after purchasing an additional 44,237 shares in the last quarter. Finally, Stratos Wealth Partners LTD. boosted its stake in Invesco S&P 500 GARP ETF by 1.7% in the 4th quarter. Stratos Wealth Partners LTD. now owns 231,573 shares of the company’s stock worth $24,287,000 after purchasing an additional 3,905 shares in the last quarter.

Invesco S&P 500 GARP ETF Stock Down 2.6 %

SPGP stock opened at $105.84 on Friday. The firm has a 50 day moving average of $107.57 and a 200 day moving average of $106.27. The stock has a market capitalization of $5.04 billion, a PE ratio of 15.92 and a beta of 0.97. Invesco S&P 500 GARP ETF has a 52 week low of $95.02 and a 52 week high of $112.90.

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.