Invesco S&P 500 GARP ETF $SPGP is Howard Financial Services LTD.’s 4th Largest Position

Howard Financial Services LTD. trimmed its position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 2.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 335,500 shares of the company’s stock after selling 9,443 shares during the quarter. Invesco S&P 500 GARP ETF makes up 4.5% of Howard Financial Services LTD.’s holdings, making the stock its 4th largest holding. Howard Financial Services LTD.’s holdings in Invesco S&P 500 GARP ETF were worth $38,200,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of SPGP. Modern Wealth Management LLC grew its holdings in shares of Invesco S&P 500 GARP ETF by 644.9% in the third quarter. Modern Wealth Management LLC now owns 243,512 shares of the company’s stock worth $27,668,000 after acquiring an additional 210,823 shares during the period. BNP Paribas Financial Markets lifted its holdings in Invesco S&P 500 GARP ETF by 115.6% in the third quarter. BNP Paribas Financial Markets now owns 130,000 shares of the company’s stock valued at $14,771,000 after acquiring an additional 69,709 shares during the period. Goldman Sachs Group Inc. boosted its position in Invesco S&P 500 GARP ETF by 915.2% in the first quarter. Goldman Sachs Group Inc. now owns 43,696 shares of the company’s stock worth $4,364,000 after purchasing an additional 39,392 shares during the last quarter. Cerity Partners LLC purchased a new position in Invesco S&P 500 GARP ETF in the second quarter worth about $4,174,000. Finally, Arkadios Wealth Advisors bought a new stake in shares of Invesco S&P 500 GARP ETF during the 3rd quarter valued at about $3,329,000.

Invesco S&P 500 GARP ETF Stock Down 0.1%

Invesco S&P 500 GARP ETF stock opened at $108.51 on Wednesday. Invesco S&P 500 GARP ETF has a 52-week low of $84.13 and a 52-week high of $118.08. The company has a market cap of $2.27 billion, a P/E ratio of 16.90 and a beta of 1.00. The business has a 50-day simple moving average of $114.04 and a two-hundred day simple moving average of $113.56.

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.