First Heartland Consultants Inc. Reduces Stock Position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

First Heartland Consultants Inc. cut its holdings in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 80.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,966 shares of the company’s stock after selling 37,407 shares during the quarter. First Heartland Consultants Inc.’s holdings in Invesco S&P 500 GARP ETF were worth $938,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. LPL Financial LLC increased its holdings in Invesco S&P 500 GARP ETF by 3.1% during the 2nd quarter. LPL Financial LLC now owns 3,639,864 shares of the company’s stock worth $374,105,000 after purchasing an additional 109,896 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in Invesco S&P 500 GARP ETF by 18.7% during the 2nd 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. Fifth Third Bancorp increased its holdings in Invesco S&P 500 GARP ETF by 1.4% during the 2nd quarter. Fifth Third Bancorp now owns 1,314,431 shares of the company’s stock worth $135,097,000 after purchasing an additional 17,717 shares during the last quarter. Retirement Planning Group LLC increased its holdings in shares of Invesco S&P 500 GARP ETF by 1.0% in the 3rd quarter. Retirement Planning Group LLC now owns 1,269,426 shares of the company’s stock valued at $132,871,000 after acquiring an additional 13,062 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco S&P 500 GARP ETF by 11.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 782,377 shares of the company’s stock valued at $80,414,000 after acquiring an additional 77,616 shares during the last quarter.

Invesco S&P 500 GARP ETF Stock Performance

Shares of NYSEARCA SPGP traded down $0.48 during trading on Tuesday, reaching $110.49. The stock had a trading volume of 145,055 shares, compared to its average volume of 283,554. Invesco S&P 500 GARP ETF has a one year low of $89.96 and a one year high of $111.19. The stock has a market cap of $5.26 billion, a PE ratio of 15.92 and a beta of 0.97. The firm’s 50 day moving average price is $104.74 and its two-hundred day moving average price is $103.34.

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.