Valmark Advisers Inc. Makes New Investment in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Valmark Advisers Inc. acquired a new stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) during the 2nd quarter, Holdings Channel reports. The fund acquired 3,662 shares of the company’s stock, valued at approximately $376,000.

Other large investors also recently modified their holdings of the company. GAMMA Investing LLC purchased a new stake in Invesco S&P 500 GARP ETF in the 2nd quarter worth $25,000. Sound Income Strategies LLC purchased a new stake in shares of Invesco S&P 500 GARP ETF during the first quarter worth about $28,000. Pineridge Advisors LLC bought a new stake in Invesco S&P 500 GARP ETF during the 1st quarter valued at approximately $31,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Invesco S&P 500 GARP ETF in the 2nd quarter worth approximately $35,000. Finally, International Assets Investment Management LLC purchased a new position in Invesco S&P 500 GARP ETF in the 2nd quarter worth approximately $37,000.

Invesco S&P 500 GARP ETF Price Performance

Shares of SPGP opened at $104.40 on Tuesday. The firm has a market cap of $4.97 billion, a P/E ratio of 15.92 and a beta of 0.97. Invesco S&P 500 GARP ETF has a 1 year low of $86.16 and a 1 year high of $107.06. The company has a 50 day simple moving average of $102.33 and a two-hundred day simple moving average of $102.68.

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.