Lido Advisors LLC Purchases New Position in Invesco S&P 500 GARP ETF $SPGP

Lido Advisors LLC purchased a new position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,206 shares of the company’s stock, valued at approximately $453,000.

Several other institutional investors and hedge funds have also bought and sold shares of SPGP. Northwestern Mutual Wealth Management Co. boosted its position in Invesco S&P 500 GARP ETF by 19.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 449,537 shares of the company’s stock valued at $51,184,000 after acquiring an additional 74,711 shares in the last quarter. Campbell Deegan Wealth Management LLC grew its holdings in shares of Invesco S&P 500 GARP ETF by 3.1% during the 4th quarter. Campbell Deegan Wealth Management LLC now owns 193,630 shares of the company’s stock worth $22,047,000 after acquiring an additional 5,843 shares during the period. Royal Bank of Canada raised its position in shares of Invesco S&P 500 GARP ETF by 2.3% in the 4th quarter. Royal Bank of Canada now owns 177,198 shares of the company’s stock worth $20,176,000 after acquiring an additional 3,941 shares in the last quarter. Coastal Bridge Advisors LLC lifted its stake in shares of Invesco S&P 500 GARP ETF by 0.4% in the 4th quarter. Coastal Bridge Advisors LLC now owns 169,779 shares of the company’s stock valued at $19,331,000 after purchasing an additional 686 shares during the period. Finally, BNP Paribas Financial Markets lifted its stake in shares of Invesco S&P 500 GARP ETF by 115.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 130,000 shares of the company’s stock valued at $14,771,000 after purchasing an additional 69,709 shares during the period.

Invesco S&P 500 GARP ETF Price Performance

NYSEARCA SPGP opened at $125.34 on Friday. Invesco S&P 500 GARP ETF has a twelve month low of $103.86 and a twelve month high of $126.66. The firm has a market capitalization of $2.25 billion, a PE ratio of 16.90 and a beta of 0.96. The stock’s 50 day moving average is $121.66 and its 200 day moving average is $116.75.

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.