Janney Montgomery Scott LLC Sells 5,969 Shares of Invesco S&P 500 GARP ETF $SPGP

Janney Montgomery Scott LLC lowered its stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 16.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 29,542 shares of the company’s stock after selling 5,969 shares during the period. Janney Montgomery Scott LLC’s holdings in Invesco S&P 500 GARP ETF were worth $3,179,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Franklin Resources Inc. acquired a new position in Invesco S&P 500 GARP ETF during the 2nd quarter worth $34,000. Sarver Vrooman Wealth Advisors bought a new position in Invesco S&P 500 GARP ETF in the 4th quarter valued at $38,000. Arax Advisory Partners acquired a new stake in shares of Invesco S&P 500 GARP ETF in the 4th quarter valued at $58,000. Elevated Capital Advisors LLC acquired a new stake in shares of Invesco S&P 500 GARP ETF in the 4th quarter valued at $78,000. Finally, Merkkuri Wealth Advisors LLC bought a new stake in shares of Invesco S&P 500 GARP ETF during the first quarter worth $87,000.

Invesco S&P 500 GARP ETF Stock Down 0.3%

Shares of SPGP opened at $124.37 on Wednesday. Invesco S&P 500 GARP ETF has a 12-month low of $103.86 and a 12-month high of $125.47. The firm has a market capitalization of $2.22 billion, a PE ratio of 16.90 and a beta of 0.96. The stock’s fifty day simple moving average is $119.41 and its 200-day simple moving average is $115.82.

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.