Sovereign Financial Group Inc. Has $1.76 Million Stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Sovereign Financial Group Inc. increased its stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 28.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 16,790 shares of the company’s stock after purchasing an additional 3,767 shares during the quarter. Sovereign Financial Group Inc.’s holdings in Invesco S&P 500 GARP ETF were worth $1,757,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. GAMMA Investing LLC acquired a new position in shares of Invesco S&P 500 GARP ETF during the 2nd quarter worth about $25,000. Sound Income Strategies LLC acquired a new position in shares of Invesco S&P 500 GARP ETF during the first quarter worth approximately $28,000. Pineridge Advisors LLC bought a new stake in shares of Invesco S&P 500 GARP ETF in the first quarter valued at approximately $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Invesco S&P 500 GARP ETF in the second quarter worth $35,000. Finally, International Assets Investment Management LLC bought a new position in Invesco S&P 500 GARP ETF during the second quarter worth $37,000.

Invesco S&P 500 GARP ETF Stock Down 0.6 %

SPGP stock opened at $105.13 on Wednesday. Invesco S&P 500 GARP ETF has a twelve month low of $86.16 and a twelve month high of $107.06. The company has a market cap of $5.00 billion, a PE ratio of 15.92 and a beta of 0.97. The business’s 50-day simple moving average is $102.18 and its 200 day simple moving average is $102.86.

Invesco S&P 500 GARP ETF Company Profile

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.