Howard Financial Services LTD. Has $28.87 Million Position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Howard Financial Services LTD. increased its holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 11.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 275,817 shares of the company’s stock after purchasing an additional 29,164 shares during the period. Invesco S&P 500 GARP ETF makes up 4.2% of Howard Financial Services LTD.’s investment portfolio, making the stock its 8th biggest holding. Howard Financial Services LTD. owned 0.58% of Invesco S&P 500 GARP ETF worth $28,870,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of SPGP. CAP Partners LLC bought a new stake in Invesco S&P 500 GARP ETF during the first quarter valued at about $1,194,000. Brookstone Capital Management bought a new stake in Invesco S&P 500 GARP ETF during the second quarter valued at about $339,000. Cozad Asset Management Inc. boosted its holdings in Invesco S&P 500 GARP ETF by 5.1% during the second quarter. Cozad Asset Management Inc. now owns 69,322 shares of the company’s stock valued at $7,125,000 after acquiring an additional 3,359 shares during the period. PNC Financial Services Group Inc. boosted its holdings in Invesco S&P 500 GARP ETF by 4,581.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 515 shares of the company’s stock valued at $50,000 after acquiring an additional 504 shares during the period. Finally, Advisory Services Network LLC boosted its holdings in Invesco S&P 500 GARP ETF by 31.9% during the first quarter. Advisory Services Network LLC now owns 34,491 shares of the company’s stock valued at $3,673,000 after acquiring an additional 8,336 shares during the period.

Invesco S&P 500 GARP ETF Stock Performance

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

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.