NewEdge Advisors LLC Decreases Stock Holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

NewEdge Advisors LLC reduced its stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 1.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 79,935 shares of the company’s stock after selling 959 shares during the period. NewEdge Advisors LLC owned 0.17% of Invesco S&P 500 GARP ETF worth $8,216,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in SPGP. GAMMA Investing LLC acquired a new position in Invesco S&P 500 GARP ETF during the second quarter worth $25,000. Sound Income Strategies LLC acquired a new position in shares of Invesco S&P 500 GARP ETF during the 1st quarter valued at about $28,000. Pineridge Advisors LLC purchased a new stake in shares of Invesco S&P 500 GARP ETF in the first quarter valued at about $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Invesco S&P 500 GARP ETF during the second quarter worth about $35,000. Finally, International Assets Investment Management LLC purchased a new position in Invesco S&P 500 GARP ETF during the second quarter worth about $37,000.

Invesco S&P 500 GARP ETF Stock Performance

Shares of Invesco S&P 500 GARP ETF stock opened at $104.67 on Tuesday. The stock has a 50 day moving average of $101.86 and a 200 day moving average of $102.80. The firm has a market capitalization of $4.98 billion, a price-to-earnings ratio of 15.92 and a beta of 0.97. Invesco S&P 500 GARP ETF has a fifty-two week low of $86.16 and a fifty-two week high of $107.06.

About Invesco S&P 500 GARP ETF

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.