Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) is Wealth Management Resources Inc.’s 7th Largest Position

Wealth Management Resources Inc. boosted its stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 4.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 122,813 shares of the company’s stock after acquiring an additional 5,011 shares during the quarter. Invesco S&P 500 GARP ETF accounts for 5.7% of Wealth Management Resources Inc.’s holdings, making the stock its 7th largest position. Wealth Management Resources Inc. owned approximately 0.26% of Invesco S&P 500 GARP ETF worth $13,078,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Stratos Wealth Partners LTD. raised its position in Invesco S&P 500 GARP ETF by 1,149.9% during the fourth quarter. Stratos Wealth Partners LTD. now owns 170,634 shares of the company’s stock valued at $16,729,000 after acquiring an additional 156,982 shares in the last quarter. Bank of New Hampshire acquired a new stake in Invesco S&P 500 GARP ETF in the fourth quarter valued at approximately $861,000. Transcend Capital Advisors LLC grew its holdings in Invesco S&P 500 GARP ETF by 59.6% in the fourth quarter. Transcend Capital Advisors LLC now owns 12,419 shares of the company’s stock valued at $1,218,000 after purchasing an additional 4,639 shares during the period. Private Client Services LLC acquired a new stake in Invesco S&P 500 GARP ETF in the fourth quarter valued at approximately $227,000. Finally, Thoroughbred Financial Services LLC grew its holdings in Invesco S&P 500 GARP ETF by 14.1% in the fourth quarter. Thoroughbred Financial Services LLC now owns 78,693 shares of the company’s stock valued at $7,715,000 after purchasing an additional 9,743 shares during the period.

Invesco S&P 500 GARP ETF Trading Up 0.2 %

SPGP traded up $0.21 during trading on Thursday, hitting $102.76. The company’s stock had a trading volume of 120,038 shares, compared to its average volume of 301,660. Invesco S&P 500 GARP ETF has a twelve month low of $86.16 and a twelve month high of $107.06. The business’s fifty day simple moving average is $102.82 and its 200 day simple moving average is $101.06. The firm has a market capitalization of $4.89 billion, a price-to-earnings ratio of 15.92 and a beta of 0.97.

Invesco S&P 500 GARP ETF 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.