Truist Financial Corp Sells 1,650 Shares of Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM)

Truist Financial Corp reduced its holdings in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 9.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,298 shares of the company’s stock after selling 1,650 shares during the quarter. Truist Financial Corp owned 0.47% of Invesco S&P MidCap 400 GARP ETF worth $1,838,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of GRPM. Merit Financial Group LLC bought a new stake in shares of Invesco S&P MidCap 400 GARP ETF in the fourth quarter worth about $7,022,000. Manning & Napier Advisors LLC acquired a new position in shares of Invesco S&P MidCap 400 GARP ETF during the fourth quarter worth about $3,297,000. 626 Financial LLC boosted its position in shares of Invesco S&P MidCap 400 GARP ETF by 112.8% during the fourth quarter. 626 Financial LLC now owns 46,658 shares of the company’s stock worth $5,261,000 after buying an additional 24,737 shares during the period. Harbour Investments Inc. boosted its position in shares of Invesco S&P MidCap 400 GARP ETF by 1,665.7% during the third quarter. Harbour Investments Inc. now owns 13,490 shares of the company’s stock worth $1,579,000 after buying an additional 12,726 shares during the period. Finally, Lionsbridge Wealth Management LLC acquired a new position in shares of Invesco S&P MidCap 400 GARP ETF during the third quarter worth about $1,290,000.

Invesco S&P MidCap 400 GARP ETF Price Performance

GRPM stock opened at $109.03 on Thursday. The stock has a market capitalization of $379.42 million, a P/E ratio of 11.81 and a beta of 1.14. The business has a 50-day moving average of $113.72 and a 200-day moving average of $116.27. Invesco S&P MidCap 400 GARP ETF has a fifty-two week low of $106.83 and a fifty-two week high of $127.48.

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.