Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) is WealthCare Investment Partners LLC’s 10th Largest Position

WealthCare Investment Partners LLC grew its holdings in shares of Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 15.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,040 shares of the company’s stock after purchasing an additional 6,597 shares during the period. Invesco S&P MidCap 400 GARP ETF comprises about 2.4% of WealthCare Investment Partners LLC’s portfolio, making the stock its 10th biggest position. WealthCare Investment Partners LLC owned about 1.38% of Invesco S&P MidCap 400 GARP ETF worth $5,572,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Cape Investment Advisory Inc. purchased a new position in Invesco S&P MidCap 400 GARP ETF in the first quarter worth approximately $32,000. Aspire Wealth Management Corp purchased a new stake in shares of Invesco S&P MidCap 400 GARP ETF during the 1st quarter worth $64,000. PSI Advisors LLC grew its stake in shares of Invesco S&P MidCap 400 GARP ETF by 170.2% during the second quarter. PSI Advisors LLC now owns 554 shares of the company’s stock worth $63,000 after purchasing an additional 349 shares in the last quarter. Foundations Investment Advisors LLC purchased a new position in Invesco S&P MidCap 400 GARP ETF in the second quarter valued at $211,000. Finally, Harbor Group Inc. acquired a new stake in Invesco S&P MidCap 400 GARP ETF in the first quarter valued at $234,000.

Invesco S&P MidCap 400 GARP ETF Stock Down 0.3 %

NYSEARCA:GRPM opened at $115.65 on Wednesday. The company has a market capitalization of $402.46 million, a PE ratio of 11.81 and a beta of 1.14. Invesco S&P MidCap 400 GARP ETF has a 52-week low of $81.86 and a 52-week high of $123.94. The stock’s 50 day moving average price is $114.81 and its 200 day moving average price is $115.91.

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.