Commonwealth Equity Services LLC Decreases Stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Commonwealth Equity Services LLC lowered its position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 6.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 393,784 shares of the company’s stock after selling 28,452 shares during the quarter. Commonwealth Equity Services LLC owned about 0.83% of Invesco S&P 500 GARP ETF worth $41,300,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of SPGP. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Invesco S&P 500 GARP ETF by 34.1% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 393 shares of the company’s stock worth $41,000 after acquiring an additional 100 shares during the period. US Bancorp DE boosted its holdings in Invesco S&P 500 GARP ETF by 25.8% in the 4th quarter. US Bancorp DE now owns 3,934 shares of the company’s stock worth $413,000 after acquiring an additional 808 shares during the period. Glass Jacobson Investment Advisors llc boosted its holdings in Invesco S&P 500 GARP ETF by 8.9% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 3,020 shares of the company’s stock worth $316,000 after acquiring an additional 246 shares during the period. Jacobi Capital Management LLC boosted its holdings in Invesco S&P 500 GARP ETF by 9.4% in the 4th quarter. Jacobi Capital Management LLC now owns 4,329 shares of the company’s stock worth $454,000 after acquiring an additional 373 shares during the period. Finally, Raymond James Trust N.A. boosted its holdings in Invesco S&P 500 GARP ETF by 24.5% in the 3rd quarter. Raymond James Trust N.A. now owns 2,768 shares of the company’s stock worth $290,000 after acquiring an additional 545 shares during the period.

Invesco S&P 500 GARP ETF Stock Up 2.8 %

NYSEARCA SPGP opened at $99.55 on Friday. The stock has a market cap of $3.32 billion, a PE ratio of 15.02 and a beta of 1.10. Invesco S&P 500 GARP ETF has a fifty-two week low of $95.02 and a fifty-two week high of $112.90. The business has a 50 day moving average price of $106.47 and a two-hundred day moving average price of $106.36.

About Invesco S&P 500 GARP ETF

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.