Invesco S&P 500 GARP ETF $SPGP Stock Position Lessened by Sanctuary Advisors LLC

Sanctuary Advisors LLC trimmed its holdings in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 63.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,422 shares of the company’s stock after selling 5,912 shares during the period. Sanctuary Advisors LLC’s holdings in Invesco S&P 500 GARP ETF were worth $368,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of SPGP. Guardian Capital LLC acquired a new stake in shares of Invesco S&P 500 GARP ETF in the 4th quarter valued at $3,037,000. Elevation Capital Advisory LLC lifted its stake in shares of Invesco S&P 500 GARP ETF by 89.2% during the fourth quarter. Elevation Capital Advisory LLC now owns 62,520 shares of the company’s stock valued at $7,119,000 after acquiring an additional 29,477 shares during the period. WESCAP Management Group Inc. lifted its stake in shares of Invesco S&P 500 GARP ETF by 4.6% during the fourth quarter. WESCAP Management Group Inc. now owns 121,827 shares of the company’s stock valued at $13,871,000 after acquiring an additional 5,355 shares during the period. Belpointe Asset Management LLC boosted its holdings in Invesco S&P 500 GARP ETF by 208.1% in the fourth quarter. Belpointe Asset Management LLC now owns 17,308 shares of the company’s stock valued at $1,971,000 after acquiring an additional 11,690 shares during the last quarter. Finally, Thrivent Financial for Lutherans bought a new position in Invesco S&P 500 GARP ETF in the fourth quarter valued at about $2,925,000.

Invesco S&P 500 GARP ETF Price Performance

Shares of SPGP stock opened at $125.34 on Friday. The stock has a 50-day moving average price of $121.66 and a 200 day moving average price of $116.75. The firm has a market cap of $2.25 billion, a price-to-earnings ratio of 16.90 and a beta of 0.96. Invesco S&P 500 GARP ETF has a 12 month low of $103.86 and a 12 month high of $126.66.

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.