Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) Short Interest Update

Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 66,813 shares, an increase of 410.6% from the December 15th total of 13,085 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 82,673 shares, the short-interest ratio is currently 0.8 days. Based on an average trading volume of 82,673 shares, the short-interest ratio is currently 0.8 days. Currently, 0.3% of the shares of the stock are sold short.

Institutional Investors Weigh In On Invesco S&P 500 GARP ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. CAP Partners LLC grew its stake in Invesco S&P 500 GARP ETF by 5.0% in the 2nd quarter. CAP Partners LLC now owns 2,426 shares of the company’s stock worth $261,000 after acquiring an additional 116 shares during the period. Visionary Wealth Advisors boosted its holdings in shares of Invesco S&P 500 GARP ETF by 0.8% during the second quarter. Visionary Wealth Advisors now owns 16,960 shares of the company’s stock worth $1,827,000 after purchasing an additional 128 shares during the last quarter. Strategic Wealth Partners Ltd. grew its position in shares of Invesco S&P 500 GARP ETF by 2.6% in the third quarter. Strategic Wealth Partners Ltd. now owns 5,129 shares of the company’s stock valued at $583,000 after purchasing an additional 129 shares during the period. Tactive Advisors LLC increased its stake in Invesco S&P 500 GARP ETF by 7.9% in the fourth quarter. Tactive Advisors LLC now owns 2,254 shares of the company’s stock valued at $257,000 after purchasing an additional 165 shares during the last quarter. Finally, Investment Planning Advisors Inc. lifted its position in Invesco S&P 500 GARP ETF by 2.1% during the third quarter. Investment Planning Advisors Inc. now owns 9,042 shares of the company’s stock worth $1,027,000 after buying an additional 190 shares during the period.

Invesco S&P 500 GARP ETF Price Performance

SPGP traded down $0.67 during trading hours on Tuesday, reaching $116.33. The company’s stock had a trading volume of 45,576 shares, compared to its average volume of 88,330. The business’s 50-day moving average is $113.21 and its 200-day moving average is $112.07. The stock has a market cap of $2.48 billion, a PE ratio of 16.90 and a beta of 1.00. Invesco S&P 500 GARP ETF has a fifty-two week low of $84.13 and a fifty-two week high of $117.90.

Invesco S&P 500 GARP ETF Company 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.