Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) Shares Shorted: Short Interest Down 95.8% in September

Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 3,244 shares, a decline of 95.8% from the September 15th total of 77,577 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 9,915 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of Invesco S&P MidCap 400 GARP ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of America Corp DE boosted its holdings in Invesco S&P MidCap 400 GARP ETF by 49.9% during the first quarter. Bank of America Corp DE now owns 144,156 shares of the company’s stock worth $17,044,000 after buying an additional 47,957 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 2.3% in the first quarter. Cetera Investment Advisers now owns 75,046 shares of the company’s stock valued at $8,873,000 after buying an additional 1,715 shares in the last quarter. Ameritas Investment Partners Inc. lifted its position in shares of Invesco S&P MidCap 400 GARP ETF by 5.3% during the 4th quarter. Ameritas Investment Partners Inc. now owns 65,576 shares of the company’s stock valued at $7,870,000 after acquiring an additional 3,297 shares during the last quarter. Axxcess Wealth Management LLC boosted its stake in shares of Invesco S&P MidCap 400 GARP ETF by 4.8% during the 1st quarter. Axxcess Wealth Management LLC now owns 36,607 shares of the company’s stock worth $4,328,000 after acquiring an additional 1,664 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its stake in shares of Invesco S&P MidCap 400 GARP ETF by 0.6% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 27,185 shares of the company’s stock worth $3,539,000 after acquiring an additional 157 shares in the last quarter.

Invesco S&P MidCap 400 GARP ETF Stock Up 0.4%

Invesco S&P MidCap 400 GARP ETF stock traded up $0.61 during midday trading on Friday, hitting $138.86. The company’s stock had a trading volume of 3,199 shares, compared to its average volume of 14,786. Invesco S&P MidCap 400 GARP ETF has a 12 month low of $112.44 and a 12 month high of $146.45. The company has a market capitalization of $505.45 million, a PE ratio of 13.88 and a beta of 1.03. The stock’s 50-day moving average price is $141.01 and its 200-day moving average price is $131.88.

About Invesco S&P MidCap 400 GARP ETF

The Invesco S&P MidCap 400 GARP ETF (GRPM) is an exchange-traded fund that is based on the S&P MidCap 400 GARP index. The fund tracks an index of US mid-cap growth stocks with perceived quality and value characteristics. GRPM was launched on Dec 8, 2010 and is issued by Invesco.