Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) Shares Acquired by Howard Financial Services LTD.

Howard Financial Services LTD. lifted its holdings in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 12.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 311,312 shares of the company’s stock after purchasing an additional 35,495 shares during the quarter. Invesco S&P 500 GARP ETF makes up 4.4% of Howard Financial Services LTD.’s portfolio, making the stock its 6th largest holding. Howard Financial Services LTD.’s holdings in Invesco S&P 500 GARP ETF were worth $32,650,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SPGP. Invst LLC grew its holdings in shares of Invesco S&P 500 GARP ETF by 13.8% during the second quarter. Invst LLC now owns 13,211 shares of the company’s stock valued at $1,352,000 after purchasing an additional 1,603 shares during the last quarter. Glass Jacobson Investment Advisors llc grew its stake in Invesco S&P 500 GARP ETF by 8.9% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 3,020 shares of the company’s stock worth $316,000 after buying an additional 246 shares during the last quarter. Brookstone Capital Management increased its position in Invesco S&P 500 GARP ETF by 96.5% in the third quarter. Brookstone Capital Management now owns 6,329 shares of the company’s stock worth $662,000 after buying an additional 3,108 shares during the period. Raymond James Trust N.A. lifted its stake in Invesco S&P 500 GARP ETF by 24.5% in the third quarter. Raymond James Trust N.A. now owns 2,768 shares of the company’s stock valued at $290,000 after buying an additional 545 shares during the last quarter. Finally, Sunbelt Securities Inc. acquired a new position in shares of Invesco S&P 500 GARP ETF during the third quarter valued at $170,000.

Invesco S&P 500 GARP ETF Stock Up 0.6 %

SPGP stock opened at $110.22 on Friday. The stock has a market cap of $5.24 billion, a PE ratio of 15.92 and a beta of 0.97. The firm’s 50-day simple moving average is $108.46 and its 200 day simple moving average is $105.17. Invesco S&P 500 GARP ETF has a fifty-two week low of $93.91 and a fifty-two week high of $112.90.

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.