Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) Holdings Raised by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. lifted its stake in shares of Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 25.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,741 shares of the company’s stock after purchasing an additional 1,380 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Invesco S&P MidCap 400 GARP ETF were worth $760,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of GRPM. FMR LLC raised its stake in shares of Invesco S&P MidCap 400 GARP ETF by 106.3% during the third quarter. FMR LLC now owns 555 shares of the company’s stock valued at $65,000 after purchasing an additional 286 shares in the last quarter. Glass Jacobson Investment Advisors llc raised its stake in shares of Invesco S&P MidCap 400 GARP ETF by 772.3% during the third quarter. Glass Jacobson Investment Advisors llc now owns 567 shares of the company’s stock valued at $66,000 after purchasing an additional 502 shares in the last quarter. Global Retirement Partners LLC raised its stake in shares of Invesco S&P MidCap 400 GARP ETF by 186.5% during the fourth quarter. Global Retirement Partners LLC now owns 596 shares of the company’s stock valued at $67,000 after purchasing an additional 388 shares in the last quarter. Compass Capital Corp MA ADV bought a new stake in shares of Invesco S&P MidCap 400 GARP ETF during the fourth quarter valued at about $220,000. Finally, Embree Financial Group bought a new stake in shares of Invesco S&P MidCap 400 GARP ETF during the fourth quarter valued at about $253,000.

Invesco S&P MidCap 400 GARP ETF Stock Down 0.7 %

Shares of NYSEARCA GRPM opened at $106.43 on Friday. The firm’s 50-day simple moving average is $111.05 and its 200 day simple moving average is $115.08. The stock has a market cap of $548.11 million, a P/E ratio of 9.22 and a beta of 1.23. Invesco S&P MidCap 400 GARP ETF has a fifty-two week low of $100.88 and a fifty-two week high of $127.48.

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.