Savvy Advisors Inc. Acquires Shares of 2,066 Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Savvy Advisors Inc. purchased a new stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,066 shares of the company’s stock, valued at approximately $217,000.

Other large investors also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in Invesco S&P 500 GARP ETF in the 4th quarter valued at $175,549,000. Wells Fargo & Company MN boosted its stake in Invesco S&P 500 GARP ETF by 74.2% in the 4th quarter. Wells Fargo & Company MN now owns 565,646 shares of the company’s stock worth $59,325,000 after purchasing an additional 240,941 shares during the period. Howard Financial Services LTD. increased its holdings in shares of Invesco S&P 500 GARP ETF by 12.9% in the fourth quarter. Howard Financial Services LTD. now owns 311,312 shares of the company’s stock worth $32,650,000 after purchasing an additional 35,495 shares during the period. Armstrong Advisory Group Inc. increased its holdings in shares of Invesco S&P 500 GARP ETF by 7.2% in the 4th quarter. Armstrong Advisory Group Inc. now owns 259,817 shares of the company’s stock worth $27,250,000 after buying an additional 17,485 shares during the last quarter. Finally, D Orazio & Associates Inc. boosted its position in Invesco S&P 500 GARP ETF by 3.1% during the fourth quarter. D Orazio & Associates Inc. now owns 257,427 shares of the company’s stock valued at $26,999,000 after buying an additional 7,715 shares during the period.

Invesco S&P 500 GARP ETF Trading Down 0.4 %

Shares of NYSEARCA:SPGP opened at $92.34 on Wednesday. The company has a market cap of $2.95 billion, a price-to-earnings ratio of 15.12 and a beta of 1.10. The company has a 50-day moving average price of $100.48 and a 200-day moving average price of $105.35. Invesco S&P 500 GARP ETF has a 12 month low of $84.13 and a 12 month high of $112.90.

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.