Wealthcare Advisory Partners LLC Cuts Position in Invesco S&P 500 GARP ETF $SPGP

Wealthcare Advisory Partners LLC trimmed its holdings in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 45.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 102,704 shares of the company’s stock after selling 85,212 shares during the period. Wealthcare Advisory Partners LLC owned about 0.48% of Invesco S&P 500 GARP ETF worth $11,694,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Tactive Advisors LLC raised its stake in shares of Invesco S&P 500 GARP ETF by 7.9% in the 4th quarter. Tactive Advisors LLC now owns 2,254 shares of the company’s stock valued at $257,000 after acquiring an additional 165 shares during the period. Sunbelt Securities Inc. increased its holdings in Invesco S&P 500 GARP ETF by 27.9% in the 3rd quarter. Sunbelt Securities Inc. now owns 2,070 shares of the company’s stock valued at $235,000 after purchasing an additional 451 shares in the last quarter. Kestra Private Wealth Services LLC increased its holdings in Invesco S&P 500 GARP ETF by 107.8% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 34,555 shares of the company’s stock valued at $3,926,000 after purchasing an additional 17,926 shares in the last quarter. NewEdge Advisors LLC raised its position in Invesco S&P 500 GARP ETF by 1.6% in the third quarter. NewEdge Advisors LLC now owns 37,922 shares of the company’s stock valued at $4,309,000 after purchasing an additional 593 shares during the period. Finally, Hershey Financial Advisers LLC purchased a new position in Invesco S&P 500 GARP ETF in the third quarter valued at about $532,000.

Invesco S&P 500 GARP ETF Price Performance

Shares of SPGP opened at $104.93 on Friday. Invesco S&P 500 GARP ETF has a 12 month low of $84.13 and a 12 month high of $118.08. The stock’s 50-day moving average is $113.51 and its two-hundred day moving average is $113.43. The stock has a market cap of $2.19 billion, a PE ratio of 16.90 and a beta of 1.00.

About Invesco S&P 500 GARP ETF

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.