Opal Wealth Advisors LLC cut its holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP – Free Report) by 25.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,413 shares of the company’s stock after selling 1,523 shares during the period. Opal Wealth Advisors LLC’s holdings in Invesco S&P 500 GARP ETF were worth $441,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Synergy Investment Management LLC purchased a new stake in shares of Invesco S&P 500 GARP ETF in the fourth quarter worth $42,000. Transce3nd LLC purchased a new stake in shares of Invesco S&P 500 GARP ETF in the fourth quarter worth $43,000. CIBC Private Wealth Group LLC increased its stake in shares of Invesco S&P 500 GARP ETF by 39.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 578 shares of the company’s stock worth $61,000 after purchasing an additional 163 shares in the last quarter. Assetmark Inc. increased its stake in shares of Invesco S&P 500 GARP ETF by 86.2% in the fourth quarter. Assetmark Inc. now owns 607 shares of the company’s stock worth $64,000 after purchasing an additional 281 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC grew its stake in Invesco S&P 500 GARP ETF by 31.4% during the first quarter. GPS Wealth Strategies Group LLC now owns 904 shares of the company’s stock valued at $90,000 after acquiring an additional 216 shares in the last quarter.
Invesco S&P 500 GARP ETF Stock Performance
SPGP opened at $104.04 on Friday. The stock has a market capitalization of $2.88 billion, a price-to-earnings ratio of 16.14 and a beta of 1.01. The company has a fifty day moving average of $98.88 and a 200 day moving average of $103.18. Invesco S&P 500 GARP ETF has a fifty-two week low of $84.13 and a fifty-two week high of $112.90.
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.
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