Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC trimmed its holdings in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 21.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,611 shares of the company’s stock after selling 710 shares during the period. Janney Montgomery Scott LLC owned 0.08% of Invesco S&P MidCap 400 GARP ETF worth $294,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Merit Financial Group LLC purchased a new position in Invesco S&P MidCap 400 GARP ETF in the 4th quarter worth approximately $7,022,000. 626 Financial LLC increased its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 112.8% in the fourth quarter. 626 Financial LLC now owns 46,658 shares of the company’s stock valued at $5,261,000 after purchasing an additional 24,737 shares during the last quarter. Private Advisor Group LLC lifted its position in Invesco S&P MidCap 400 GARP ETF by 11.1% during the third quarter. Private Advisor Group LLC now owns 27,474 shares of the company’s stock worth $3,217,000 after buying an additional 2,736 shares in the last quarter. Cornerstone Wealth Management LLC boosted its stake in Invesco S&P MidCap 400 GARP ETF by 2.7% during the third quarter. Cornerstone Wealth Management LLC now owns 18,911 shares of the company’s stock worth $2,214,000 after buying an additional 494 shares during the last quarter. Finally, MML Investors Services LLC grew its holdings in Invesco S&P MidCap 400 GARP ETF by 12.4% in the 3rd quarter. MML Investors Services LLC now owns 17,496 shares of the company’s stock valued at $2,048,000 after buying an additional 1,935 shares in the last quarter.

Invesco S&P MidCap 400 GARP ETF Stock Down 0.4 %

Shares of GRPM opened at $112.77 on Wednesday. Invesco S&P MidCap 400 GARP ETF has a 52-week low of $102.15 and a 52-week high of $127.48. The stock has a fifty day simple moving average of $115.65 and a two-hundred day simple moving average of $116.57. The company has a market capitalization of $392.44 million, a PE ratio of 11.81 and a beta of 1.14.

About Invesco S&P MidCap 400 GARP ETF

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.