Invesco S&P MidCap 400 GARP ETF $GRPM is WealthCare Investment Partners LLC’s 9th Largest Position

WealthCare Investment Partners LLC trimmed its position in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 7.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 52,200 shares of the company’s stock after selling 4,351 shares during the quarter. Invesco S&P MidCap 400 GARP ETF comprises about 2.0% of WealthCare Investment Partners LLC’s investment portfolio, making the stock its 9th biggest position. WealthCare Investment Partners LLC owned about 1.41% of Invesco S&P MidCap 400 GARP ETF worth $6,315,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GRPM. Osaic Holdings Inc. increased its stake in Invesco S&P MidCap 400 GARP ETF by 76.8% in the 2nd quarter. Osaic Holdings Inc. now owns 112,369 shares of the company’s stock worth $12,294,000 after acquiring an additional 48,810 shares during the last quarter. Ameritas Investment Partners Inc. boosted its position in shares of Invesco S&P MidCap 400 GARP ETF by 11.0% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 46,861 shares of the company’s stock valued at $5,121,000 after acquiring an additional 4,643 shares during the last quarter. Summit Investment Advisors Inc. grew its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 11.3% in the first quarter. Summit Investment Advisors Inc. now owns 42,218 shares of the company’s stock valued at $4,420,000 after purchasing an additional 4,279 shares in the last quarter. Stenger Family Office LLC purchased a new position in shares of Invesco S&P MidCap 400 GARP ETF in the second quarter valued at $4,207,000. Finally, Modern Wealth Management LLC increased its position in Invesco S&P MidCap 400 GARP ETF by 18.9% in the second quarter. Modern Wealth Management LLC now owns 31,864 shares of the company’s stock worth $3,482,000 after purchasing an additional 5,060 shares during the last quarter.

Invesco S&P MidCap 400 GARP ETF Stock Up 1.5%

Invesco S&P MidCap 400 GARP ETF stock opened at $123.72 on Tuesday. Invesco S&P MidCap 400 GARP ETF has a 52-week low of $89.15 and a 52-week high of $125.69. The firm’s fifty day moving average is $122.46 and its 200 day moving average is $119.87. The company has a market cap of $523.34 million, a price-to-earnings ratio of 13.88 and a beta of 1.11.

Invesco S&P MidCap 400 GARP ETF 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.