Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) Shares Purchased by Family Asset Management LLC

Family Asset Management LLC lifted its stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 8.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 52,616 shares of the company’s stock after buying an additional 4,199 shares during the period. Invesco S&P 500 GARP ETF accounts for approximately 3.4% of Family Asset Management LLC’s holdings, making the stock its 6th largest position. Family Asset Management LLC’s holdings in Invesco S&P 500 GARP ETF were worth $5,158,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. Morgan Stanley raised its position in Invesco S&P 500 GARP ETF by 20.0% in the 3rd quarter. Morgan Stanley now owns 4,986,125 shares of the company’s stock worth $454,934,000 after purchasing an additional 832,388 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Invesco S&P 500 GARP ETF by 50.1% during the third quarter. LPL Financial LLC now owns 2,670,278 shares of the company’s stock valued at $243,636,000 after acquiring an additional 891,343 shares during the period. Envestnet Asset Management Inc. boosted its holdings in Invesco S&P 500 GARP ETF by 30.5% in the third quarter. Envestnet Asset Management Inc. now owns 1,309,544 shares of the company’s stock valued at $119,483,000 after acquiring an additional 306,394 shares during the last quarter. Retirement Planning Group LLC increased its position in Invesco S&P 500 GARP ETF by 1.9% in the fourth quarter. Retirement Planning Group LLC now owns 1,228,028 shares of the company’s stock worth $120,396,000 after purchasing an additional 23,041 shares during the period. Finally, Fifth Third Bancorp raised its holdings in Invesco S&P 500 GARP ETF by 10.7% during the 4th quarter. Fifth Third Bancorp now owns 1,218,843 shares of the company’s stock worth $119,495,000 after purchasing an additional 117,633 shares during the last quarter.

Invesco S&P 500 GARP ETF Stock Performance

Invesco S&P 500 GARP ETF stock traded up $0.77 during trading hours on Monday, reaching $102.28. 280,382 shares of the company’s stock traded hands, compared to its average volume of 331,716. The firm has a market capitalization of $4.83 billion, a price-to-earnings ratio of 15.56 and a beta of 0.96. Invesco S&P 500 GARP ETF has a fifty-two week low of $83.61 and a fifty-two week high of $107.06. The firm’s 50 day moving average is $103.09 and its 200-day moving average is $97.74.

Invesco S&P 500 GARP ETF 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.