Inspire Advisors LLC Reduces Holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Inspire Advisors LLC trimmed its position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 4.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,696 shares of the company’s stock after selling 1,028 shares during the quarter. Inspire Advisors LLC’s holdings in Invesco S&P 500 GARP ETF were worth $2,480,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. CAP Partners LLC purchased a new position in Invesco S&P 500 GARP ETF during the first quarter worth $1,194,000. Brookstone Capital Management purchased a new stake in shares of Invesco S&P 500 GARP ETF during the second quarter valued at $339,000. Cozad Asset Management Inc. boosted its stake in shares of 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 purchasing an additional 3,359 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of 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 purchasing an additional 504 shares during the period. Finally, Advisory Services Network LLC boosted its stake in shares of 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 purchasing an additional 8,336 shares during the period.

Invesco S&P 500 GARP ETF Stock Down 0.1 %

Shares of SPGP stock traded down $0.07 on Friday, hitting $107.02. The stock had a trading volume of 40,540 shares, compared to its average volume of 290,775. The business has a 50 day moving average price of $103.23 and a 200 day moving average price of $102.95. The company has a market cap of $5.09 billion, a PE ratio of 15.92 and a beta of 0.97. Invesco S&P 500 GARP ETF has a one year low of $86.16 and a one year high of $107.83.

About Invesco S&P 500 GARP ETF

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.