Invesco S&P 500 GARP ETF $SPGP is Cedar Wealth Management LLC’s 6th Largest Position

Cedar Wealth Management LLC cut its holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 7.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 126,998 shares of the company’s stock after selling 9,680 shares during the quarter. Invesco S&P 500 GARP ETF makes up about 4.3% of Cedar Wealth Management LLC’s investment portfolio, making the stock its 6th largest position. Cedar Wealth Management LLC’s holdings in Invesco S&P 500 GARP ETF were worth $14,460,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in SPGP. Northwestern Mutual Wealth Management Co. raised its position in Invesco S&P 500 GARP ETF by 19.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 449,537 shares of the company’s stock worth $51,184,000 after acquiring an additional 74,711 shares during the last quarter. Modern Wealth Management LLC grew its position in shares of Invesco S&P 500 GARP ETF by 644.9% in the third quarter. Modern Wealth Management LLC now owns 243,512 shares of the company’s stock valued at $27,668,000 after purchasing an additional 210,823 shares during the last quarter. Campbell Deegan Wealth Management LLC grew its position in shares of Invesco S&P 500 GARP ETF by 3.1% in the fourth quarter. Campbell Deegan Wealth Management LLC now owns 193,630 shares of the company’s stock valued at $22,047,000 after purchasing an additional 5,843 shares during the last quarter. Wealthcare Advisory Partners LLC increased its stake in shares of Invesco S&P 500 GARP ETF by 3.0% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 187,916 shares of the company’s stock worth $21,351,000 after purchasing an additional 5,486 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its position in shares of Invesco S&P 500 GARP ETF by 115.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 130,000 shares of the company’s stock worth $14,771,000 after purchasing an additional 69,709 shares during the last quarter.

Invesco S&P 500 GARP ETF Stock Performance

Shares of NYSEARCA:SPGP opened at $116.35 on Tuesday. The business’s fifty day moving average price is $112.68 and its two-hundred day moving average price is $113.66. The stock has a market cap of $2.19 billion, a PE ratio of 16.90 and a beta of 0.97. Invesco S&P 500 GARP ETF has a one year low of $99.49 and a one year high of $119.36.

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.