BNB Wealth Management LLC acquired a new position in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 4,629 shares of the company’s stock, valued at approximately $556,000.
A number of other hedge funds also recently modified their holdings of GRPM. Root Financial Partners LLC raised its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 321.3% in the 4th quarter. Root Financial Partners LLC now owns 691 shares of the company’s stock worth $83,000 after buying an additional 527 shares in the last quarter. Flagship Harbor Advisors LLC bought a new stake in shares of Invesco S&P MidCap 400 GARP ETF during the fourth quarter valued at approximately $85,000. EP Wealth Advisors LLC bought a new position in Invesco S&P MidCap 400 GARP ETF in the 2nd quarter worth approximately $201,000. Compass Capital Corp MA ADV bought a new position in Invesco S&P MidCap 400 GARP ETF in the 3rd quarter valued at $252,000. Finally, NewEdge Advisors LLC boosted its position in Invesco S&P MidCap 400 GARP ETF by 925.3% in the 2nd quarter. NewEdge Advisors LLC now owns 2,758 shares of the company’s stock valued at $301,000 after buying an additional 2,489 shares during the last quarter.
Invesco S&P MidCap 400 GARP ETF Stock Performance
Shares of GRPM opened at $126.78 on Thursday. The firm has a market capitalization of $490.64 million, a price-to-earnings ratio of 13.88 and a beta of 1.01. The business’s fifty day moving average price is $125.98 and its two-hundred day moving average price is $122.90. Invesco S&P MidCap 400 GARP ETF has a 52 week low of $105.54 and a 52 week high of $131.28.
About Invesco S&P MidCap 400 GARP ETF
The Invesco S&P MidCap 400 GARP ETF (GRPM) is an exchange-traded fund that is based on the S&P MidCap 400 GARP index. The fund tracks an index of US mid-cap growth stocks with perceived quality and value characteristics. GRPM was launched on Dec 8, 2010 and is issued by Invesco.
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