Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) Short Interest Update

Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 3,148 shares, a growth of 439.0% from the July 30th total of 584 shares. Based on an average daily volume of 5,658 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Trading of Invesco S&P MidCap 400 GARP ETF

Several institutional investors have recently made changes to their positions in GRPM. Sankala Group LLC purchased a new stake in shares of Invesco S&P MidCap 400 GARP ETF in the fourth quarter valued at about $46,000. Root Financial Partners LLC grew its position in Invesco S&P MidCap 400 GARP ETF by 321.3% in the 4th quarter. Root Financial Partners LLC now owns 691 shares of the company’s stock worth $83,000 after purchasing an additional 527 shares in the last quarter. Rockefeller Capital Management L.P. grew its position in Invesco S&P MidCap 400 GARP ETF by 27.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 711 shares of the company’s stock worth $85,000 after purchasing an additional 151 shares in the last quarter. EP Wealth Advisors LLC purchased a new stake in Invesco S&P MidCap 400 GARP ETF in the 2nd quarter valued at about $201,000. Finally, NewEdge Advisors LLC lifted its position in shares of Invesco S&P MidCap 400 GARP ETF by 925.3% during the 2nd quarter. NewEdge Advisors LLC now owns 2,758 shares of the company’s stock worth $301,000 after buying an additional 2,489 shares in the last quarter.

Invesco S&P MidCap 400 GARP ETF Stock Performance

Shares of Invesco S&P MidCap 400 GARP ETF stock opened at $144.16 on Wednesday. The stock has a fifty day simple moving average of $135.20 and a 200 day simple moving average of $127.52. Invesco S&P MidCap 400 GARP ETF has a 12-month low of $112.44 and a 12-month high of $144.60. The company has a market capitalization of $511.77 million, a P/E ratio of 13.88 and a beta of 1.01.

About Invesco S&P MidCap 400 GARP ETF

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.