LPL Financial LLC Trims Stock Holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

LPL Financial LLC reduced its stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 7.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,374,367 shares of the company’s stock after selling 265,497 shares during the quarter. LPL Financial LLC owned 0.07% of Invesco S&P 500 GARP ETF worth $353,195,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. WealthTrust Asset Management LLC boosted its position in Invesco S&P 500 GARP ETF by 4.1% during the second quarter. WealthTrust Asset Management LLC now owns 2,767 shares of the company’s stock worth $284,000 after purchasing an additional 108 shares in the last quarter. Concurrent Investment Advisors LLC raised its stake in shares of Invesco S&P 500 GARP ETF by 6.4% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 2,245 shares of the company’s stock valued at $231,000 after acquiring an additional 135 shares during the period. EP Wealth Advisors LLC lifted its position in shares of Invesco S&P 500 GARP ETF by 7.2% during the second quarter. EP Wealth Advisors LLC now owns 2,104 shares of the company’s stock worth $216,000 after purchasing an additional 142 shares in the last quarter. Santori & Peters Inc. boosted its holdings in Invesco S&P 500 GARP ETF by 0.3% in the third quarter. Santori & Peters Inc. now owns 50,280 shares of the company’s stock valued at $5,263,000 after purchasing an additional 155 shares during the last quarter. Finally, Darwin Wealth Management LLC boosted its stake in Invesco S&P 500 GARP ETF by 8.2% during the 3rd quarter. Darwin Wealth Management LLC now owns 2,285 shares of the company’s stock valued at $239,000 after acquiring an additional 173 shares during the last quarter.

Invesco S&P 500 GARP ETF Trading Up 0.5 %

SPGP stock opened at $109.16 on Thursday. The stock’s 50 day simple moving average is $106.06 and its 200 day simple moving average is $103.73. Invesco S&P 500 GARP ETF has a 12-month low of $92.26 and a 12-month high of $111.19. The firm has a market cap of $5.19 billion, a P/E ratio of 15.92 and a beta of 0.97.

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.