Perennial Investment Advisors LLC Has $10.30 Million Stock Holdings in Invesco S&P 500 GARP ETF $SPGP

Perennial Investment Advisors LLC trimmed its holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 36.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 90,676 shares of the company’s stock after selling 52,544 shares during the quarter. Invesco S&P 500 GARP ETF makes up 0.8% of Perennial Investment Advisors LLC’s investment portfolio, making the stock its 23rd largest position. Perennial Investment Advisors LLC’s holdings in Invesco S&P 500 GARP ETF were worth $10,303,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. AQR Capital Management LLC acquired a new stake in shares of Invesco S&P 500 GARP ETF in the 1st quarter valued at $337,000. Goldman Sachs Group Inc. raised its holdings in Invesco S&P 500 GARP ETF by 915.2% during the first quarter. Goldman Sachs Group Inc. now owns 43,696 shares of the company’s stock valued at $4,364,000 after buying an additional 39,392 shares in the last quarter. Bank of Montreal Can lifted its position in shares of Invesco S&P 500 GARP ETF by 50.1% in the second quarter. Bank of Montreal Can now owns 2,349 shares of the company’s stock worth $253,000 after buying an additional 784 shares during the last quarter. Centerpoint Advisory Group boosted its stake in shares of Invesco S&P 500 GARP ETF by 8.4% during the 2nd quarter. Centerpoint Advisory Group now owns 7,508 shares of the company’s stock worth $809,000 after acquiring an additional 580 shares in the last quarter. Finally, Vestmark Advisory Solutions Inc. bought a new stake in shares of Invesco S&P 500 GARP ETF during the 2nd quarter worth about $208,000.

Invesco S&P 500 GARP ETF Stock Performance

Shares of SPGP stock opened at $114.11 on Friday. The stock’s 50 day simple moving average is $115.67 and its 200 day simple moving average is $113.78. Invesco S&P 500 GARP ETF has a twelve month low of $84.13 and a twelve month high of $118.08. The company has a market capitalization of $2.38 billion, a price-to-earnings ratio of 16.90 and a beta of 1.00.

Invesco S&P 500 GARP ETF Company 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.