Assetmark Inc. Increases Stock Holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Assetmark Inc. lifted its stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 86.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 607 shares of the company’s stock after buying an additional 281 shares during the quarter. Assetmark Inc.’s holdings in Invesco S&P 500 GARP ETF were worth $64,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Grange Capital LLC purchased a new position in shares of Invesco S&P 500 GARP ETF in the 4th quarter valued at approximately $17,245,000. Sovran Advisors LLC purchased a new stake in shares of Invesco S&P 500 GARP ETF in the 4th quarter worth about $6,013,000. HighTower Advisors LLC increased its stake in shares of Invesco S&P 500 GARP ETF by 22.6% during the 3rd quarter. HighTower Advisors LLC now owns 239,668 shares of the company’s stock worth $25,084,000 after purchasing an additional 44,237 shares in the last quarter. Howard Financial Services LTD. raised its holdings in shares of Invesco S&P 500 GARP ETF by 12.9% in the fourth quarter. Howard Financial Services LTD. now owns 311,312 shares of the company’s stock worth $32,650,000 after acquiring an additional 35,495 shares during the last quarter. Finally, Genesis Private Wealth LLC purchased a new position in Invesco S&P 500 GARP ETF in the 4th quarter valued at about $2,939,000.

Invesco S&P 500 GARP ETF Stock Up 2.8 %

SPGP stock opened at $99.55 on Friday. Invesco S&P 500 GARP ETF has a 52-week low of $95.02 and a 52-week high of $112.90. The stock has a market capitalization of $3.32 billion, a price-to-earnings ratio of 15.02 and a beta of 1.10. The stock’s fifty day simple moving average is $106.47 and its 200-day simple moving average is $106.38.

Invesco S&P 500 GARP ETF 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.