LGT Financial Advisors LLC Sells 2,643 Shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

LGT Financial Advisors LLC lowered its stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 82.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 569 shares of the company’s stock after selling 2,643 shares during the quarter. LGT Financial Advisors LLC’s holdings in Invesco S&P 500 GARP ETF were worth $59,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in SPGP. Envestnet Asset Management Inc. raised its position in Invesco S&P 500 GARP ETF by 49.1% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,952,588 shares of the company’s stock valued at $191,432,000 after buying an additional 643,044 shares during the last quarter. Scarborough Advisors LLC acquired a new stake in shares of Invesco S&P 500 GARP ETF in the fourth quarter valued at approximately $27,703,000. Wells Fargo & Company MN lifted its position in shares of Invesco S&P 500 GARP ETF by 109.5% in the fourth quarter. Wells Fargo & Company MN now owns 523,727 shares of the company’s stock worth $51,346,000 after purchasing an additional 273,734 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in Invesco S&P 500 GARP ETF by 18.7% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,388,101 shares of the company’s stock worth $142,669,000 after purchasing an additional 218,760 shares during the last quarter. Finally, Kestra Advisory Services LLC boosted its holdings in Invesco S&P 500 GARP ETF by 54.4% during the fourth quarter. Kestra Advisory Services LLC now owns 474,308 shares of the company’s stock worth $46,501,000 after purchasing an additional 167,194 shares during the last quarter.

Invesco S&P 500 GARP ETF Trading Down 1.0 %

Shares of SPGP stock opened at $100.05 on Friday. The firm’s fifty day moving average price is $102.23 and its two-hundred day moving average price is $102.67. Invesco S&P 500 GARP ETF has a 1 year low of $86.16 and a 1 year high of $107.06. The firm has a market capitalization of $4.76 billion, a P/E ratio of 15.92 and a beta of 0.97.

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.