First United Bank & Trust Sells 6,315 Shares of Invesco S&P 500 GARP ETF $SPGP

First United Bank & Trust reduced its holdings in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 14.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 36,292 shares of the company’s stock after selling 6,315 shares during the quarter. Invesco S&P 500 GARP ETF makes up about 1.3% of First United Bank & Trust’s portfolio, making the stock its 21st biggest holding. First United Bank & Trust’s holdings in Invesco S&P 500 GARP ETF were worth $3,906,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in SPGP. Longview Financial Advisors Inc. boosted its position in Invesco S&P 500 GARP ETF by 2.1% during the first quarter. Longview Financial Advisors Inc. now owns 109,700 shares of the company’s stock worth $11,806,000 after purchasing an additional 2,262 shares during the period. Kestra Private Wealth Services LLC lifted its stake in shares of Invesco S&P 500 GARP ETF by 10.4% during the 1st quarter. Kestra Private Wealth Services LLC now owns 36,576 shares of the company’s stock worth $3,936,000 after buying an additional 3,437 shares during the last quarter. Summit Wealth Partners LLC bought a new stake in shares of Invesco S&P 500 GARP ETF during the 1st quarter worth about $254,000. Brookstone Capital Management grew its stake in Invesco S&P 500 GARP ETF by 10.3% in the 1st quarter. Brookstone Capital Management now owns 9,758 shares of the company’s stock valued at $1,050,000 after buying an additional 911 shares during the last quarter. Finally, World Investment Advisors raised its holdings in Invesco S&P 500 GARP ETF by 16.7% in the 4th quarter. World Investment Advisors now owns 19,695 shares of the company’s stock valued at $2,243,000 after acquiring an additional 2,821 shares during the period.

Invesco S&P 500 GARP ETF Stock Up 1.3%

Shares of SPGP stock opened at $121.72 on Friday. The firm has a 50 day moving average price of $118.50 and a two-hundred day moving average price of $115.34. The company has a market capitalization of $2.30 billion, a PE ratio of 16.90 and a beta of 0.96. Invesco S&P 500 GARP ETF has a 12-month low of $103.86 and a 12-month high of $122.19.

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.