GW Henssler & Associates Ltd. Acquires New Holdings in Invesco S&P MidCap 400 GARP ETF $GRPM

GW Henssler & Associates Ltd. acquired a new stake in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 168,499 shares of the company’s stock, valued at approximately $20,222,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Mariner LLC lifted its stake in Invesco S&P MidCap 400 GARP ETF by 2.3% in the 3rd quarter. Mariner LLC now owns 4,376 shares of the company’s stock valued at $528,000 after purchasing an additional 98 shares during the last quarter. Oppenheimer & Co. Inc. raised its stake in shares of Invesco S&P MidCap 400 GARP ETF by 1.2% during the third quarter. Oppenheimer & Co. Inc. now owns 8,532 shares of the company’s stock valued at $1,029,000 after acquiring an additional 104 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of Invesco S&P MidCap 400 GARP ETF by 0.5% during the third quarter. Raymond James Financial Inc. now owns 39,255 shares of the company’s stock valued at $4,735,000 after acquiring an additional 205 shares during the last quarter. Truist Financial Corp raised its stake in shares of Invesco S&P MidCap 400 GARP ETF by 1.6% during the fourth quarter. Truist Financial Corp now owns 13,448 shares of the company’s stock valued at $1,614,000 after acquiring an additional 208 shares during the last quarter. Finally, Thoroughbred Financial Services LLC raised its stake in shares of Invesco S&P MidCap 400 GARP ETF by 0.9% during the fourth quarter. Thoroughbred Financial Services LLC now owns 28,908 shares of the company’s stock valued at $3,469,000 after acquiring an additional 259 shares during the last quarter.

Invesco S&P MidCap 400 GARP ETF Stock Performance

GRPM stock opened at $127.78 on Tuesday. The company has a fifty day moving average price of $123.39 and a 200-day moving average price of $121.91. The company has a market capitalization of $494.51 million, a P/E ratio of 13.88 and a beta of 1.02. Invesco S&P MidCap 400 GARP ETF has a 52-week low of $103.53 and a 52-week high of $128.42.

Invesco S&P MidCap 400 GARP ETF 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.