US Bancorp DE Boosts Stock Position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

US Bancorp DE raised its stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 25.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,934 shares of the company’s stock after purchasing an additional 808 shares during the period. US Bancorp DE’s holdings in Invesco S&P 500 GARP ETF were worth $413,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Invesco S&P 500 GARP ETF by 34.1% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 393 shares of the company’s stock worth $41,000 after buying an additional 100 shares during the period. Glass Jacobson Investment Advisors llc raised its stake in shares of Invesco S&P 500 GARP ETF by 8.9% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 3,020 shares of the company’s stock worth $316,000 after buying an additional 246 shares during the period. Raymond James Trust N.A. raised its stake in shares of Invesco S&P 500 GARP ETF by 24.5% during the 3rd quarter. Raymond James Trust N.A. now owns 2,768 shares of the company’s stock worth $290,000 after buying an additional 545 shares during the period. Sunbelt Securities Inc. acquired a new position in shares of Invesco S&P 500 GARP ETF during the 3rd quarter worth approximately $170,000. Finally, Fifth Third Wealth Advisors LLC raised its stake in shares of Invesco S&P 500 GARP ETF by 9.6% during the 4th quarter. Fifth Third Wealth Advisors LLC now owns 2,860 shares of the company’s stock worth $300,000 after buying an additional 250 shares during the period.

Invesco S&P 500 GARP ETF Price Performance

Shares of SPGP stock opened at $98.42 on Thursday. The company has a market cap of $3.28 billion, a price-to-earnings ratio of 15.02 and a beta of 1.10. The stock has a 50 day simple moving average of $106.76 and a 200-day simple moving average of $106.46. Invesco S&P 500 GARP ETF has a 1-year low of $95.02 and a 1-year high of $112.90.

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.