Waycross Investment Management Co Sells 269 Shares of Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM)

Waycross Investment Management Co cut its stake in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 6.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,652 shares of the company’s stock after selling 269 shares during the period. Waycross Investment Management Co owned about 0.10% of Invesco S&P MidCap 400 GARP ETF worth $428,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Cape Investment Advisory Inc. bought a new stake in Invesco S&P MidCap 400 GARP ETF during the 1st quarter valued at $32,000. PSI Advisors LLC lifted its stake in shares of Invesco S&P MidCap 400 GARP ETF by 170.2% during the 2nd quarter. PSI Advisors LLC now owns 554 shares of the company’s stock worth $63,000 after purchasing an additional 349 shares during the last quarter. Aspire Wealth Management Corp bought a new stake in Invesco S&P MidCap 400 GARP ETF during the first quarter valued at about $64,000. Gateway Advisory LLC grew its stake in Invesco S&P MidCap 400 GARP ETF by 5.0% in the second quarter. Gateway Advisory LLC now owns 33,656 shares of the company’s stock valued at $3,851,000 after purchasing an additional 1,603 shares during the last quarter. Finally, Foundations Investment Advisors LLC bought a new position in Invesco S&P MidCap 400 GARP ETF in the second quarter worth about $211,000.

Invesco S&P MidCap 400 GARP ETF Stock Performance

NYSEARCA:GRPM traded up $1.05 during midday trading on Friday, reaching $116.93. 33,735 shares of the stock traded hands, compared to its average volume of 31,235. The stock has a market capitalization of $406.92 million, a PE ratio of 11.81 and a beta of 1.14. Invesco S&P MidCap 400 GARP ETF has a 12-month low of $81.86 and a 12-month high of $123.94. The business has a 50-day moving average of $115.02 and a two-hundred day moving average of $115.95.

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.