Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) Shares Sold by Lionsbridge Wealth Management LLC

Lionsbridge Wealth Management LLC trimmed its stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 6.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 26,004 shares of the company’s stock after selling 1,719 shares during the quarter. Invesco S&P 500 GARP ETF makes up 2.3% of Lionsbridge Wealth Management LLC’s holdings, making the stock its 16th largest holding. Lionsbridge Wealth Management LLC owned about 0.05% of Invesco S&P 500 GARP ETF worth $2,727,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Fairscale Capital LLC acquired a new stake in Invesco S&P 500 GARP ETF during the 2nd quarter worth about $464,000. EverSource Wealth Advisors LLC purchased a new position in shares of Invesco S&P 500 GARP ETF in the second quarter worth approximately $39,000. Bank of Montreal Can raised its holdings in shares of Invesco S&P 500 GARP ETF by 1,129.3% during the second quarter. Bank of Montreal Can now owns 43,223 shares of the company’s stock valued at $4,467,000 after acquiring an additional 39,707 shares during the period. Creative Planning lifted its position in shares of Invesco S&P 500 GARP ETF by 0.7% in the 2nd quarter. Creative Planning now owns 97,029 shares of the company’s stock valued at $9,973,000 after acquiring an additional 670 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in Invesco S&P 500 GARP ETF by 11.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 782,377 shares of the company’s stock worth $80,414,000 after purchasing an additional 77,616 shares during the period.

Invesco S&P 500 GARP ETF Stock Performance

NYSEARCA SPGP opened at $110.22 on Monday. The firm’s 50 day moving average price is $108.45 and its two-hundred day moving average price is $105.24. The stock has a market cap of $5.24 billion, a price-to-earnings ratio of 15.92 and a beta of 0.97. Invesco S&P 500 GARP ETF has a twelve month low of $93.91 and a twelve month high of $112.90.

Invesco S&P 500 GARP ETF 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.