Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) Shares Sold by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC trimmed its stake in shares of Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 4.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,891 shares of the company’s stock after selling 175 shares during the quarter. Axxcess Wealth Management LLC owned 0.11% of Invesco S&P MidCap 400 GARP ETF worth $445,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. grew its stake in Invesco S&P MidCap 400 GARP ETF by 60.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 36,526 shares of the company’s stock worth $4,179,000 after purchasing an additional 13,830 shares in the last quarter. Thoroughbred Financial Services LLC lifted its holdings in Invesco S&P MidCap 400 GARP ETF by 100.2% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 11,321 shares of the company’s stock worth $1,295,000 after buying an additional 5,667 shares during the last quarter. Private Advisor Group LLC lifted its holdings in Invesco S&P MidCap 400 GARP ETF by 1,323.4% during the 2nd quarter. Private Advisor Group LLC now owns 24,738 shares of the company’s stock worth $2,830,000 after buying an additional 23,000 shares during the last quarter. Foundations Investment Advisors LLC purchased a new stake in Invesco S&P MidCap 400 GARP ETF during the 2nd quarter worth about $211,000. Finally, Commonwealth Equity Services LLC lifted its holdings in Invesco S&P MidCap 400 GARP ETF by 15.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 16,052 shares of the company’s stock worth $1,837,000 after buying an additional 2,148 shares during the last quarter.

Invesco S&P MidCap 400 GARP ETF Price Performance

Shares of NYSEARCA GRPM opened at $117.02 on Friday. The company has a market capitalization of $407.23 million, a price-to-earnings ratio of 11.81 and a beta of 1.14. The business has a 50-day moving average of $115.74 and a two-hundred day moving average of $115.78. Invesco S&P MidCap 400 GARP ETF has a 1 year low of $81.86 and a 1 year high of $123.94.

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.