Cetera Investment Advisers Raises Holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Cetera Investment Advisers increased its stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 102.6% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 166,094 shares of the company’s stock after purchasing an additional 84,122 shares during the period. Cetera Investment Advisers owned 0.35% of Invesco S&P 500 GARP ETF worth $17,687,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in SPGP. Invst LLC lifted its stake in shares of Invesco S&P 500 GARP ETF by 41.7% in the 1st quarter. Invst LLC now owns 11,608 shares of the company’s stock valued at $1,239,000 after purchasing an additional 3,416 shares during the period. Atria Investments Inc lifted its position in Invesco S&P 500 GARP ETF by 6.5% during the first quarter. Atria Investments Inc now owns 19,280 shares of the company’s stock valued at $2,053,000 after purchasing an additional 1,172 shares in the last quarter. Strategic Wealth Partners Ltd. purchased a new position in shares of Invesco S&P 500 GARP ETF in the first quarter valued at about $636,000. Pineridge Advisors LLC purchased a new stake in shares of Invesco S&P 500 GARP ETF in the first quarter worth about $31,000. Finally, Manhattan West Asset Management LLC bought a new stake in Invesco S&P 500 GARP ETF during the first quarter worth approximately $556,000.

Invesco S&P 500 GARP ETF Trading Down 3.2 %

Shares of NYSEARCA SPGP traded down $3.25 during trading hours on Friday, reaching $98.62. The stock had a trading volume of 338,026 shares, compared to its average volume of 301,291. The firm has a market cap of $4.69 billion, a price-to-earnings ratio of 15.92 and a beta of 0.97. The business’s fifty day moving average price is $102.99 and its two-hundred day moving average price is $101.92. Invesco S&P 500 GARP ETF has a 52-week low of $86.16 and a 52-week high of $107.06.

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.