Retirement Planning Group LLC NY Boosts Holdings in Invesco S&P 500 GARP ETF $SPGP

Retirement Planning Group LLC NY raised its holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 4.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,026 shares of the company’s stock after purchasing an additional 345 shares during the quarter. Invesco S&P 500 GARP ETF accounts for approximately 0.9% of Retirement Planning Group LLC NY’s investment portfolio, making the stock its 29th biggest holding. Retirement Planning Group LLC NY’s holdings in Invesco S&P 500 GARP ETF were worth $972,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Spire Wealth Management boosted its holdings in Invesco S&P 500 GARP ETF by 1.9% in the first quarter. Spire Wealth Management now owns 8,664 shares of the company’s stock valued at $865,000 after purchasing an additional 160 shares during the last quarter. Walled Lake Planning & Wealth Management LLC boosted its holdings in Invesco S&P 500 GARP ETF by 2.6% in the first quarter. Walled Lake Planning & Wealth Management LLC now owns 7,112 shares of the company’s stock valued at $710,000 after purchasing an additional 180 shares during the last quarter. Perigon Wealth Management LLC boosted its stake in shares of Invesco S&P 500 GARP ETF by 0.6% during the 1st quarter. Perigon Wealth Management LLC now owns 33,209 shares of the company’s stock worth $3,317,000 after acquiring an additional 192 shares in the last quarter. Fifth Third Securities Inc. boosted its stake in shares of Invesco S&P 500 GARP ETF by 1.1% during the 2nd quarter. Fifth Third Securities Inc. now owns 19,309 shares of the company’s stock worth $2,080,000 after acquiring an additional 214 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC boosted its stake in shares of Invesco S&P 500 GARP ETF by 31.4% during the 1st quarter. GPS Wealth Strategies Group LLC now owns 904 shares of the company’s stock worth $90,000 after acquiring an additional 216 shares in the last quarter.

Invesco S&P 500 GARP ETF Stock Down 2.8%

SPGP stock opened at $110.97 on Friday. The company’s 50-day simple moving average is $112.18 and its 200-day simple moving average is $105.47. Invesco S&P 500 GARP ETF has a 52-week low of $84.13 and a 52-week high of $115.88. The firm has a market cap of $2.59 billion, a P/E ratio of 16.90 and a beta of 1.11.

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.