Cornerstone Wealth Management LLC increased its stake in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM – Free Report) by 5.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 19,949 shares of the company’s stock after acquiring an additional 1,038 shares during the period. Cornerstone Wealth Management LLC’s holdings in Invesco S&P MidCap 400 GARP ETF were worth $2,249,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco S&P MidCap 400 GARP ETF by 8.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 122,199 shares of the company’s stock valued at $13,981,000 after buying an additional 9,319 shares during the period. Cetera Investment Advisers boosted its holdings in Invesco S&P MidCap 400 GARP ETF by 24.1% in the second quarter. Cetera Investment Advisers now owns 72,151 shares of the company’s stock valued at $8,255,000 after acquiring an additional 14,026 shares during the last quarter. Merit Financial Group LLC bought a new position in Invesco S&P MidCap 400 GARP ETF in the fourth quarter valued at about $7,022,000. WealthCare Investment Partners LLC increased its position in Invesco S&P MidCap 400 GARP ETF by 15.9% in the third quarter. WealthCare Investment Partners LLC now owns 48,040 shares of the company’s stock worth $5,572,000 after purchasing an additional 6,597 shares during the period. Finally, 626 Financial LLC raised its holdings in Invesco S&P MidCap 400 GARP ETF by 112.8% during the 4th quarter. 626 Financial LLC now owns 46,658 shares of the company’s stock worth $5,261,000 after purchasing an additional 24,737 shares during the last quarter.
Invesco S&P MidCap 400 GARP ETF Trading Down 0.1 %
Shares of NYSEARCA GRPM opened at $117.77 on Friday. Invesco S&P MidCap 400 GARP ETF has a 1 year low of $97.75 and a 1 year high of $127.48. The firm’s 50-day moving average is $117.98 and its 200-day moving average is $116.99. The firm has a market capitalization of $409.84 million, a PE ratio of 11.81 and a beta of 1.14.
Invesco S&P MidCap 400 GARP ETF Profile
The Invesco S&P MidCap 400 GARP ETF (GRPM) is an exchange-traded fund that is based on the S&P MidCap 400 GARP index. The fund tracks an index of US mid-cap growth stocks with perceived quality and value characteristics. GRPM was launched on Dec 8, 2010 and is issued by Invesco.
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