79,239 Shares in Invesco S&P 500 GARP ETF $SPGP Purchased by Retirement Planning Group LLC

Retirement Planning Group LLC purchased a new stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 79,239 shares of the company’s stock, valued at approximately $9,415,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Ameritas Advisory Services LLC purchased a new position in Invesco S&P 500 GARP ETF during the second quarter worth approximately $506,000. Lido Advisors LLC acquired a new position in Invesco S&P 500 GARP ETF during the first quarter worth $453,000. Quantinno Capital Management LP grew its holdings in Invesco S&P 500 GARP ETF by 44.0% in the 1st quarter. Quantinno Capital Management LP now owns 14,196 shares of the company’s stock valued at $1,528,000 after buying an additional 4,340 shares in the last quarter. Finward Bancorp purchased a new stake in Invesco S&P 500 GARP ETF in the 3rd quarter valued at $2,309,000. Finally, Howard Financial Services LTD. grew its holdings in Invesco S&P 500 GARP ETF by 2.3% in the 3rd quarter. Howard Financial Services LTD. now owns 334,458 shares of the company’s stock valued at $39,740,000 after buying an additional 7,425 shares in the last quarter.

Invesco S&P 500 GARP ETF Price Performance

Shares of SPGP opened at $122.85 on Tuesday. Invesco S&P 500 GARP ETF has a 52-week low of $103.86 and a 52-week high of $129.64. The company has a market capitalization of $2.09 billion, a PE ratio of 16.90 and a beta of 0.95. The stock has a fifty day simple moving average of $123.57 and a two-hundred day simple moving average of $121.01.

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.