Transcend Capital Advisors LLC Has $1.22 Million Stock Position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Transcend Capital Advisors LLC raised its holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 59.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 12,419 shares of the company’s stock after acquiring an additional 4,639 shares during the period. Transcend Capital Advisors LLC’s holdings in Invesco S&P 500 GARP ETF were worth $1,218,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPGP. AE Wealth Management LLC increased its position in shares of Invesco S&P 500 GARP ETF by 3.7% during the third quarter. AE Wealth Management LLC now owns 3,845 shares of the company’s stock valued at $351,000 after purchasing an additional 138 shares during the period. Private Trust Co. NA boosted its stake in Invesco S&P 500 GARP ETF by 17.4% in the 3rd quarter. Private Trust Co. NA now owns 2,404 shares of the company’s stock valued at $219,000 after buying an additional 356 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in Invesco S&P 500 GARP ETF by 9.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 424,429 shares of the company’s stock valued at $38,725,000 after buying an additional 36,238 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in Invesco S&P 500 GARP ETF by 194.8% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 430,997 shares of the company’s stock valued at $39,324,000 after buying an additional 284,810 shares in the last quarter. Finally, Raymond James & Associates boosted its stake in Invesco S&P 500 GARP ETF by 23.0% in the 3rd quarter. Raymond James & Associates now owns 168,273 shares of the company’s stock valued at $15,353,000 after buying an additional 31,493 shares in the last quarter.

Invesco S&P 500 GARP ETF Price Performance

Shares of SPGP stock opened at $102.11 on Monday. The stock’s fifty day simple moving average is $102.92 and its 200 day simple moving average is $97.35. The firm has a market cap of $4.82 billion, a price-to-earnings ratio of 15.56 and a beta of 0.96. Invesco S&P 500 GARP ETF has a one year low of $83.52 and a one year high of $107.06.

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.