Financial Sense Advisors Inc. Buys Shares of 2,966 Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Financial Sense Advisors Inc. bought a new position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) during the first quarter, Holdings Channel.com reports. The fund bought 2,966 shares of the company’s stock, valued at approximately $316,000.

Other hedge funds also recently bought and sold shares of the company. HBC Financial Services PLLC lifted its stake in Invesco S&P 500 GARP ETF by 31.4% during the fourth quarter. HBC Financial Services PLLC now owns 460 shares of the company’s stock worth $45,000 after purchasing an additional 110 shares during the period. Fifth Third Wealth Advisors LLC boosted its position in shares of Invesco S&P 500 GARP ETF by 5.0% during the first quarter. Fifth Third Wealth Advisors LLC now owns 2,610 shares of the company’s stock worth $278,000 after purchasing an additional 125 shares in the last quarter. Iams Wealth Management LLC raised its holdings in Invesco S&P 500 GARP ETF by 5.6% during the 4th quarter. Iams Wealth Management LLC now owns 2,846 shares of the company’s stock worth $279,000 after buying an additional 152 shares during the period. Silverlake Wealth Management LLC raised its stake in shares of Invesco S&P 500 GARP ETF by 2.8% in the 4th quarter. Silverlake Wealth Management LLC now owns 6,400 shares of the company’s stock valued at $627,000 after purchasing an additional 172 shares during the period. Finally, RDA Financial Network grew its stake in shares of Invesco S&P 500 GARP ETF by 8.6% during the 1st quarter. RDA Financial Network now owns 2,848 shares of the company’s stock worth $303,000 after acquiring an additional 226 shares in the last quarter.

Invesco S&P 500 GARP ETF Price Performance

Shares of NYSEARCA SPGP opened at $102.76 on Thursday. The business has a 50-day moving average of $102.80 and a 200-day moving average of $101.04. The stock has a market capitalization of $4.89 billion, a price-to-earnings ratio of 15.92 and a beta of 0.97. Invesco S&P 500 GARP ETF has a fifty-two week low of $86.16 and a fifty-two week high of $107.06.

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.