Invesco S&P 500 GARP ETF $SPGP Stock Sold by Elevation Capital Advisory LLC

Elevation Capital Advisory LLC reduced its position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 56.2% in the 3rd quarter, Holdings Channel reports. The firm owned 35,122 shares of the company’s stock after selling 45,040 shares during the period. Invesco S&P 500 GARP ETF accounts for approximately 1.7% of Elevation Capital Advisory LLC’s holdings, making the stock its 27th largest position. Elevation Capital Advisory LLC’s holdings in Invesco S&P 500 GARP ETF were worth $4,173,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Root Financial Partners LLC bought a new stake in Invesco S&P 500 GARP ETF during the third quarter worth $33,000. Continuum Advisory LLC bought a new position in shares of Invesco S&P 500 GARP ETF in the 2nd quarter valued at $108,000. Western Wealth Management LLC bought a new position in shares of Invesco S&P 500 GARP ETF in the 1st quarter valued at $127,000. Sunbelt Securities Inc. increased its stake in shares of Invesco S&P 500 GARP ETF by 4.2% in the 1st quarter. Sunbelt Securities Inc. now owns 2,162 shares of the company’s stock valued at $233,000 after purchasing an additional 88 shares during the last quarter. Finally, Tactive Advisors LLC raised its holdings in shares of Invesco S&P 500 GARP ETF by 4.0% during the 3rd quarter. Tactive Advisors LLC now owns 2,306 shares of the company’s stock worth $274,000 after buying an additional 89 shares in the last quarter.

Invesco S&P 500 GARP ETF Stock Down 0.3%

Shares of SPGP stock opened at $122.74 on Friday. Invesco S&P 500 GARP ETF has a twelve month low of $103.86 and a twelve month high of $129.64. The company has a market cap of $2.08 billion, a P/E ratio of 16.90 and a beta of 0.95. The business has a fifty day simple moving average of $122.75 and a 200 day simple moving average of $119.07.

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.