Fairscale Capital LLC Lowers Stock Holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Fairscale Capital LLC decreased its position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 11.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,843 shares of the company’s stock after selling 512 shares during the period. Fairscale Capital LLC’s holdings in Invesco S&P 500 GARP ETF were worth $402,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. LPL Financial LLC raised its position in Invesco S&P 500 GARP ETF by 3.1% during the second quarter. LPL Financial LLC now owns 3,639,864 shares of the company’s stock valued at $374,105,000 after purchasing an additional 109,896 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of 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 valued at $142,669,000 after buying an additional 218,760 shares during the last quarter. Fifth Third Bancorp grew its stake in shares of Invesco S&P 500 GARP ETF by 1.4% during the second quarter. Fifth Third Bancorp now owns 1,314,431 shares of the company’s stock valued at $135,097,000 after buying an additional 17,717 shares during the last quarter. Retirement Planning Group LLC grew its stake in shares of 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 valued at $132,871,000 after buying an additional 13,062 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco S&P 500 GARP ETF by 11.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 782,377 shares of the company’s stock valued at $80,414,000 after buying an additional 77,616 shares during the last quarter.

Invesco S&P 500 GARP ETF Trading Up 0.7 %

Shares of NYSEARCA:SPGP opened at $111.19 on Friday. The stock’s 50-day moving average price is $106.46 and its 200-day moving average price is $103.85. Invesco S&P 500 GARP ETF has a 12-month low of $92.43 and a 12-month high of $111.34. The stock has a market capitalization of $5.29 billion, a P/E 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.