D.A. Davidson & CO. Buys New Holdings in Invesco S&P 500 GARP ETF $SPGP

D.A. Davidson & CO. purchased a new stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 49,901 shares of the company’s stock, valued at approximately $5,929,000.

A number of other large investors also recently added to or reduced their stakes in the business. Oppenheimer & Co. Inc. bought a new stake in shares of Invesco S&P 500 GARP ETF in the 3rd quarter valued at about $3,132,000. Darrow Company Inc. raised its holdings in Invesco S&P 500 GARP ETF by 1.6% during the 3rd quarter. Darrow Company Inc. now owns 115,725 shares of the company’s stock valued at $13,751,000 after buying an additional 1,800 shares during the last quarter. Brookstone Capital Management bought a new stake in Invesco S&P 500 GARP ETF in the 3rd quarter worth $1,600,000. Root Financial Partners LLC purchased a new position in shares of Invesco S&P 500 GARP ETF in the third quarter valued at about $33,000. Finally, Obermeyer Wealth Partners purchased a new stake in shares of Invesco S&P 500 GARP ETF during the third quarter worth about $353,000.

Invesco S&P 500 GARP ETF Stock Performance

Shares of SPGP stock opened at $122.74 on Friday. Invesco S&P 500 GARP ETF has a fifty-two week low of $103.86 and a fifty-two week high of $129.64. The firm has a market cap of $2.08 billion, a P/E ratio of 16.90 and a beta of 0.95. The business’s 50 day moving average price is $122.75 and its 200-day moving average price is $119.07.

About Invesco S&P 500 GARP ETF

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.