PFG Investments LLC Increases Stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

PFG Investments LLC grew its stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 6.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,410 shares of the company’s stock after buying an additional 323 shares during the period. PFG Investments LLC’s holdings in Invesco S&P 500 GARP ETF were worth $530,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Coulter & Justus Financial Services LLC bought a new stake in Invesco S&P 500 GARP ETF in the 3rd quarter valued at $1,606,000. Oder Investment Management LLC increased its holdings in shares of Invesco S&P 500 GARP ETF by 11.0% in the third quarter. Oder Investment Management LLC now owns 10,111 shares of the company’s stock worth $923,000 after purchasing an additional 1,000 shares during the last quarter. Creative Planning increased its holdings in shares of Invesco S&P 500 GARP ETF by 865.8% in the third quarter. Creative Planning now owns 77,073 shares of the company’s stock worth $7,032,000 after purchasing an additional 69,093 shares during the last quarter. Mutual Advisors LLC lifted its position in shares of Invesco S&P 500 GARP ETF by 4.1% in the fourth quarter. Mutual Advisors LLC now owns 37,846 shares of the company’s stock worth $3,710,000 after buying an additional 1,476 shares in the last quarter. Finally, First Command Advisory Services Inc. bought a new position in Invesco S&P 500 GARP ETF during the third quarter valued at approximately $64,000.

Invesco S&P 500 GARP ETF Price Performance

NYSEARCA SPGP opened at $105.84 on Thursday. Invesco S&P 500 GARP ETF has a 1-year low of $82.14 and a 1-year high of $105.90. The business has a 50 day simple moving average of $99.76 and a two-hundred day simple moving average of $95.38. The stock has a market capitalization of $3.64 billion, a PE ratio of 10.51 and a beta of 1.11.

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.