Andina Capital Management LLC Sells 1,643 Shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Andina Capital Management LLC reduced its holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 17.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,636 shares of the company’s stock after selling 1,643 shares during the quarter. Andina Capital Management LLC’s holdings in Invesco S&P 500 GARP ETF were worth $801,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Retirement Planning Group LLC grew its holdings in Invesco S&P 500 GARP ETF by 1.0% during the third quarter. Retirement Planning Group LLC now owns 1,269,426 shares of the company’s stock worth $132,871,000 after buying an additional 13,062 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Invesco S&P 500 GARP ETF by 11.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 782,377 shares of the company’s stock worth $80,414,000 after purchasing an additional 77,616 shares during the last quarter. Raymond James & Associates boosted its position in Invesco S&P 500 GARP ETF by 8.6% in the third quarter. Raymond James & Associates now owns 428,511 shares of the company’s stock worth $44,852,000 after purchasing an additional 33,934 shares during the last quarter. Howard Financial Services LTD. boosted its position in Invesco S&P 500 GARP ETF by 12.9% in the fourth quarter. Howard Financial Services LTD. now owns 311,312 shares of the company’s stock worth $32,650,000 after purchasing an additional 35,495 shares during the last quarter. Finally, Armstrong Advisory Group Inc. lifted its position in shares of Invesco S&P 500 GARP ETF by 7.2% during the 4th quarter. Armstrong Advisory Group Inc. now owns 259,817 shares of the company’s stock valued at $27,250,000 after buying an additional 17,485 shares during the last quarter.

Invesco S&P 500 GARP ETF Price Performance

Shares of NYSEARCA SPGP opened at $110.60 on Friday. Invesco S&P 500 GARP ETF has a one year low of $95.02 and a one year high of $112.90. The business’s fifty day moving average price is $108.53 and its 200-day moving average price is $105.51. The stock has a market capitalization of $5.26 billion, a PE 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.