Investment Planning Advisors Inc. Has $2.77 Million Stock Position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Investment Planning Advisors Inc. lessened its position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 78.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,394 shares of the company’s stock after selling 96,685 shares during the quarter. Invesco S&P 500 GARP ETF makes up about 1.2% of Investment Planning Advisors Inc.’s investment portfolio, making the stock its 19th largest position. Investment Planning Advisors Inc. owned 0.06% of Invesco S&P 500 GARP ETF worth $2,768,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Moisand Fitzgerald Tamayo LLC increased its holdings in Invesco S&P 500 GARP ETF by 778.6% in the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 246 shares of the company’s stock valued at $26,000 after buying an additional 218 shares during the period. Assetmark Inc. increased its stake in Invesco S&P 500 GARP ETF by 352.8% in the third quarter. Assetmark Inc. now owns 326 shares of the company’s stock valued at $34,000 after acquiring an additional 254 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its position in Invesco S&P 500 GARP ETF by 34.1% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 393 shares of the company’s stock worth $41,000 after purchasing an additional 100 shares in the last quarter. Venturi Wealth Management LLC lifted its stake in Invesco S&P 500 GARP ETF by 180.2% during the third quarter. Venturi Wealth Management LLC now owns 706 shares of the company’s stock worth $74,000 after purchasing an additional 454 shares during the period. Finally, Continuum Advisory LLC boosted its holdings in Invesco S&P 500 GARP ETF by 6,852.9% during the third quarter. Continuum Advisory LLC now owns 1,182 shares of the company’s stock valued at $130,000 after purchasing an additional 1,165 shares in the last quarter.

Invesco S&P 500 GARP ETF Trading Down 1.0 %

Shares of SPGP opened at $109.53 on Tuesday. The stock has a market cap of $5.21 billion, a PE ratio of 15.92 and a beta of 0.97. Invesco S&P 500 GARP ETF has a 1 year low of $95.02 and a 1 year high of $112.90. The stock has a 50 day simple moving average of $108.53 and a 200-day simple moving average of $105.56.

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.