Financial Advocates Investment Management Purchases 1,630 Shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Financial Advocates Investment Management raised its position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGPFree Report) by 1.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 85,353 shares of the company’s stock after purchasing an additional 1,630 shares during the period. Financial Advocates Investment Management’s holdings in Invesco S&P 500 GARP ETF were worth $8,934,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in SPGP. GAMMA Investing LLC bought a new position in shares of Invesco S&P 500 GARP ETF in the second quarter worth approximately $25,000. Moisand Fitzgerald Tamayo LLC increased its holdings in shares of Invesco S&P 500 GARP ETF by 778.6% in the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 246 shares of the company’s stock worth $26,000 after buying an additional 218 shares during the last quarter. Pineridge Advisors LLC purchased a new stake in shares of Invesco S&P 500 GARP ETF during the 1st quarter valued at $31,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Invesco S&P 500 GARP ETF during the 2nd quarter worth $35,000. Finally, International Assets Investment Management LLC bought a new stake in shares of Invesco S&P 500 GARP ETF during the 2nd quarter worth $37,000.

Invesco S&P 500 GARP ETF Stock Performance

Shares of NYSEARCA:SPGP opened at $105.50 on Thursday. The firm has a fifty day moving average of $104.03 and a 200 day moving average of $102.94. Invesco S&P 500 GARP ETF has a 52-week low of $86.74 and a 52-week high of $107.83. The firm has a market capitalization of $5.02 billion, a PE ratio of 15.92 and a beta of 0.97.

About Invesco S&P 500 GARP ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

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