Puff Wealth Management LLC Invests $331,000 in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Puff Wealth Management LLC purchased a new stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) during the 4th quarter, Holdings Channel.com reports. The fund purchased 3,154 shares of the company’s stock, valued at approximately $331,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Raymond James & Associates raised its position in Invesco S&P 500 GARP ETF by 8.6% during the 3rd quarter. Raymond James & Associates now owns 428,511 shares of the company’s stock worth $44,852,000 after buying an additional 33,934 shares during the last quarter. Howard Financial Services LTD. increased its stake in shares of Invesco S&P 500 GARP ETF by 12.9% during the fourth quarter. Howard Financial Services LTD. now owns 311,312 shares of the company’s stock worth $32,650,000 after acquiring an additional 35,495 shares during the period. Armstrong Advisory Group Inc. raised its holdings in Invesco S&P 500 GARP ETF by 7.2% during the fourth quarter. Armstrong Advisory Group Inc. now owns 259,817 shares of the company’s stock worth $27,250,000 after purchasing an additional 17,485 shares in the last quarter. D Orazio & Associates Inc. lifted its position in Invesco S&P 500 GARP ETF by 3.1% in the fourth quarter. D Orazio & Associates Inc. now owns 257,427 shares of the company’s stock valued at $26,999,000 after purchasing an additional 7,715 shares during the period. Finally, HighTower Advisors LLC boosted its holdings in Invesco S&P 500 GARP ETF by 22.6% in the 3rd quarter. HighTower Advisors LLC now owns 239,668 shares of the company’s stock valued at $25,084,000 after purchasing an additional 44,237 shares in the last quarter.

Invesco S&P 500 GARP ETF Trading Up 0.4 %

NYSEARCA SPGP opened at $107.82 on Friday. The stock has a market capitalization of $5.13 billion, a price-to-earnings ratio of 15.92 and a beta of 0.97. The business’s 50 day moving average is $107.75 and its two-hundred day moving average is $106.03. Invesco S&P 500 GARP ETF has a 12-month low of $95.02 and a 12-month high of $112.90.

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.