Invesco S&P MidCap 400 GARP ETF $GRPM is WealthCare Investment Partners LLC’s 9th Largest Position

WealthCare Investment Partners LLC lessened its stake in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 7.7% during the 3rd quarter, HoldingsChannel reports. The firm owned 52,200 shares of the company’s stock after selling 4,351 shares during the quarter. Invesco S&P MidCap 400 GARP ETF accounts for about 2.0% of WealthCare Investment Partners LLC’s investment portfolio, making the stock its 9th biggest holding. WealthCare Investment Partners LLC’s holdings in Invesco S&P MidCap 400 GARP ETF were worth $6,315,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in GRPM. Osaic Holdings Inc. increased its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 76.8% during the 2nd quarter. Osaic Holdings Inc. now owns 112,369 shares of the company’s stock valued at $12,294,000 after purchasing an additional 48,810 shares in the last quarter. Ameritas Investment Partners Inc. boosted its holdings in Invesco S&P MidCap 400 GARP ETF by 11.0% during the second quarter. Ameritas Investment Partners Inc. now owns 46,861 shares of the company’s stock worth $5,121,000 after buying an additional 4,643 shares in the last quarter. Summit Investment Advisors Inc. grew its position in Invesco S&P MidCap 400 GARP ETF by 11.3% during the first quarter. Summit Investment Advisors Inc. now owns 42,218 shares of the company’s stock valued at $4,420,000 after buying an additional 4,279 shares during the period. Stenger Family Office LLC acquired a new position in shares of Invesco S&P MidCap 400 GARP ETF in the second quarter worth about $4,207,000. Finally, Modern Wealth Management LLC boosted its stake in shares of Invesco S&P MidCap 400 GARP ETF by 18.9% during the 2nd quarter. Modern Wealth Management LLC now owns 31,864 shares of the company’s stock worth $3,482,000 after acquiring an additional 5,060 shares in the last quarter.

Invesco S&P MidCap 400 GARP ETF Stock Up 1.5%

Shares of Invesco S&P MidCap 400 GARP ETF stock opened at $123.72 on Tuesday. The firm has a market cap of $523.34 million, a PE ratio of 13.88 and a beta of 1.11. Invesco S&P MidCap 400 GARP ETF has a twelve month low of $89.15 and a twelve month high of $125.69. The business has a 50-day moving average price of $122.46 and a 200 day moving average price of $119.87.

Invesco S&P MidCap 400 GARP ETF Company Profile

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.