Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) Shares Bought by Herold Advisors Inc.

Herold Advisors Inc. raised its holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 4.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 14,071 shares of the company’s stock after acquiring an additional 618 shares during the period. Herold Advisors Inc.’s holdings in Invesco S&P 500 GARP ETF were worth $1,380,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of SPGP. Morgan Stanley grew its stake in shares of Invesco S&P 500 GARP ETF by 20.0% in the 3rd quarter. Morgan Stanley now owns 4,986,125 shares of the company’s stock valued at $454,934,000 after buying an additional 832,388 shares during the period. LPL Financial LLC grew its stake in shares of Invesco S&P 500 GARP ETF by 50.1% in the 3rd quarter. LPL Financial LLC now owns 2,670,278 shares of the company’s stock valued at $243,636,000 after buying an additional 891,343 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Invesco S&P 500 GARP ETF by 30.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,309,544 shares of the company’s stock valued at $119,483,000 after buying an additional 306,394 shares during the period. Retirement Planning Group LLC grew its stake in shares of Invesco S&P 500 GARP ETF by 1.9% in the 4th quarter. Retirement Planning Group LLC now owns 1,228,028 shares of the company’s stock valued at $120,396,000 after buying an additional 23,041 shares during the period. Finally, Fifth Third Bancorp grew its stake in shares of Invesco S&P 500 GARP ETF by 10.7% in the 4th quarter. Fifth Third Bancorp now owns 1,218,843 shares of the company’s stock valued at $119,495,000 after buying an additional 117,633 shares during the period.

Invesco S&P 500 GARP ETF Price Performance

Invesco S&P 500 GARP ETF stock opened at $102.11 on Friday. The firm has a 50 day simple moving average of $102.92 and a 200-day simple moving average of $97.28. Invesco S&P 500 GARP ETF has a 1-year low of $83.52 and a 1-year high of $107.06. The stock has a market cap of $4.80 billion, a price-to-earnings ratio of 15.75 and a beta of 0.98.

Invesco S&P 500 GARP ETF 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.