Perennial Investment Advisors LLC Has $10.30 Million Stake in Invesco S&P 500 GARP ETF $SPGP

Perennial Investment Advisors LLC reduced its stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 36.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 90,676 shares of the company’s stock after selling 52,544 shares during the quarter. Invesco S&P 500 GARP ETF makes up approximately 0.8% of Perennial Investment Advisors LLC’s portfolio, making the stock its 23rd largest position. Perennial Investment Advisors LLC owned about 0.39% of Invesco S&P 500 GARP ETF worth $10,303,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Franklin Resources Inc. purchased a new stake in Invesco S&P 500 GARP ETF in the 2nd quarter worth approximately $34,000. Root Financial Partners LLC purchased a new position in shares of Invesco S&P 500 GARP ETF during the 3rd quarter valued at $36,000. GGM Financials LLC acquired a new position in shares of Invesco S&P 500 GARP ETF in the third quarter worth $42,000. Optiver Holding B.V. purchased a new stake in shares of Invesco S&P 500 GARP ETF during the third quarter worth $65,000. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Invesco S&P 500 GARP ETF by 1,369.4% during the third quarter. Smartleaf Asset Management LLC now owns 720 shares of the company’s stock worth $82,000 after acquiring an additional 671 shares in the last quarter.

Invesco S&P 500 GARP ETF Price Performance

Shares of NYSEARCA SPGP opened at $114.11 on Friday. Invesco S&P 500 GARP ETF has a one year low of $84.13 and a one year high of $118.08. The business’s 50-day moving average price is $115.67 and its two-hundred day moving average price is $113.78. The company has a market capitalization of $2.38 billion, a P/E 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.