Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) Short Interest Down 75.6% in June

Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 1,249 shares, a decline of 75.6% from the June 15th total of 5,119 shares. Based on an average daily trading volume, of 8,492 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Sankala Group LLC purchased a new stake in Invesco S&P MidCap 400 GARP ETF during the 4th quarter worth approximately $46,000. Root Financial Partners LLC grew its position in shares of Invesco S&P MidCap 400 GARP ETF by 321.3% during the fourth quarter. Root Financial Partners LLC now owns 691 shares of the company’s stock worth $83,000 after buying an additional 527 shares in the last quarter. Flagship Harbor Advisors LLC bought a new stake in shares of Invesco S&P MidCap 400 GARP ETF in the fourth quarter worth $85,000. Rockefeller Capital Management L.P. increased its stake in shares of Invesco S&P MidCap 400 GARP ETF by 27.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 711 shares of the company’s stock worth $85,000 after buying an additional 151 shares during the last quarter. Finally, EP Wealth Advisors LLC bought a new stake in shares of Invesco S&P MidCap 400 GARP ETF in the second quarter worth $201,000.

Invesco S&P MidCap 400 GARP ETF Price Performance

NYSEARCA:GRPM opened at $132.25 on Tuesday. The firm has a 50-day moving average of $128.18 and a two-hundred day moving average of $124.04. The stock has a market cap of $478.75 million, a P/E ratio of 13.88 and a beta of 1.01. Invesco S&P MidCap 400 GARP ETF has a 1-year low of $109.56 and a 1-year high of $133.95.

About Invesco S&P MidCap 400 GARP ETF

The Invesco S&P MidCap 400 GARP ETF (GRPM) is an exchange-traded fund that is based on the S&P MidCap 400 GARP index. The fund tracks an index of US mid-cap growth stocks with perceived quality and value characteristics. GRPM was launched on Dec 8, 2010 and is issued by Invesco.