Pine Harbor Wealth Management LLC Trims Holdings in Invesco S&P 500 GARP ETF $SPGP

Pine Harbor Wealth Management LLC trimmed its stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 22.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 26,158 shares of the company’s stock after selling 7,396 shares during the quarter. Invesco S&P 500 GARP ETF accounts for about 0.8% of Pine Harbor Wealth Management LLC’s holdings, making the stock its 19th largest position. Pine Harbor Wealth Management LLC owned about 0.14% of Invesco S&P 500 GARP ETF worth $2,815,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Walled Lake Planning & Wealth Management LLC increased its position in shares of Invesco S&P 500 GARP ETF by 1.4% during the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 6,606 shares of the company’s stock valued at $752,000 after buying an additional 88 shares during the period. Opal Wealth Advisors LLC lifted its holdings in shares of Invesco S&P 500 GARP ETF by 4.2% in the fourth quarter. Opal Wealth Advisors LLC now owns 2,487 shares of the company’s stock worth $283,000 after buying an additional 100 shares in the last quarter. Visionary Wealth Advisors boosted its position in shares of Invesco S&P 500 GARP ETF by 0.8% in the second quarter. Visionary Wealth Advisors now owns 16,960 shares of the company’s stock valued at $1,827,000 after acquiring an additional 128 shares during the period. Darwin Wealth Management LLC boosted its position in shares of Invesco S&P 500 GARP ETF by 6.1% in the fourth quarter. Darwin Wealth Management LLC now owns 2,230 shares of the company’s stock valued at $254,000 after acquiring an additional 129 shares during the period. Finally, Strategic Wealth Partners Ltd. grew its stake in Invesco S&P 500 GARP ETF by 2.6% during the third quarter. Strategic Wealth Partners Ltd. now owns 5,129 shares of the company’s stock valued at $583,000 after acquiring an additional 129 shares in the last quarter.

Invesco S&P 500 GARP ETF Stock Performance

Shares of NYSEARCA:SPGP opened at $124.38 on Friday. The company has a 50 day moving average of $119.12 and a 200 day moving average of $115.67. The stock has a market cap of $2.23 billion, a P/E ratio of 16.90 and a beta of 0.96. Invesco S&P 500 GARP ETF has a 12 month low of $103.86 and a 12 month high of $124.66.

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.