Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) Shares Purchased by PFG Advisors

PFG Advisors grew its stake in shares of Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 83.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,336 shares of the company’s stock after purchasing an additional 1,972 shares during the quarter. PFG Advisors owned approximately 0.12% of Invesco S&P MidCap 400 GARP ETF worth $489,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Kestra Private Wealth Services LLC lifted its holdings in Invesco S&P MidCap 400 GARP ETF by 0.5% in the 4th quarter. Kestra Private Wealth Services LLC now owns 43,644 shares of the company’s stock valued at $4,921,000 after acquiring an additional 224 shares during the last quarter. Thrivent Financial for Lutherans increased its holdings in Invesco S&P MidCap 400 GARP ETF by 6.3% in the third quarter. Thrivent Financial for Lutherans now owns 4,504 shares of the company’s stock worth $527,000 after buying an additional 265 shares during the last quarter. FMR LLC grew its holdings in Invesco S&P MidCap 400 GARP ETF by 106.3% during the third quarter. FMR LLC now owns 555 shares of the company’s stock valued at $65,000 after purchasing an additional 286 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its stake in shares of Invesco S&P MidCap 400 GARP ETF by 16.0% in the third quarter. Signature Estate & Investment Advisors LLC now owns 2,423 shares of the company’s stock worth $284,000 after acquiring an additional 335 shares during the last quarter. Finally, Global Retirement Partners LLC lifted its position in Invesco S&P MidCap 400 GARP ETF by 186.5% in the fourth quarter. Global Retirement Partners LLC now owns 596 shares of the company’s stock worth $67,000 after purchasing an additional 388 shares during the period.

Invesco S&P MidCap 400 GARP ETF Price Performance

Shares of GRPM stock opened at $104.03 on Friday. The stock has a market cap of $535.75 million, a P/E ratio of 9.22 and a beta of 1.23. Invesco S&P MidCap 400 GARP ETF has a one year low of $100.88 and a one year high of $127.48. The stock has a fifty day moving average price of $111.89 and a 200 day moving average price of $115.49.

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.