Andina Capital Management LLC Reduces Holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Andina Capital Management LLC lessened its position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 17.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,636 shares of the company’s stock after selling 1,643 shares during the period. Andina Capital Management LLC’s holdings in Invesco S&P 500 GARP ETF were worth $801,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Retirement Planning Group LLC raised its stake in shares of Invesco S&P 500 GARP ETF by 1.0% during the 3rd quarter. Retirement Planning Group LLC now owns 1,269,426 shares of the company’s stock valued at $132,871,000 after purchasing an additional 13,062 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of Invesco S&P 500 GARP ETF by 11.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 782,377 shares of the company’s stock valued at $80,414,000 after purchasing an additional 77,616 shares during the period. Raymond James & Associates raised its stake in shares of Invesco S&P 500 GARP ETF by 8.6% during the 3rd quarter. Raymond James & Associates now owns 428,511 shares of the company’s stock valued at $44,852,000 after purchasing an additional 33,934 shares during the period. Howard Financial Services LTD. raised its stake in shares of Invesco S&P 500 GARP ETF by 12.9% during the 4th quarter. Howard Financial Services LTD. now owns 311,312 shares of the company’s stock valued at $32,650,000 after purchasing an additional 35,495 shares during the period. Finally, Armstrong Advisory Group Inc. raised its stake in shares of Invesco S&P 500 GARP ETF by 7.2% during the 4th quarter. Armstrong Advisory Group Inc. now owns 259,817 shares of the company’s stock valued at $27,250,000 after purchasing an additional 17,485 shares during the period.

Invesco S&P 500 GARP ETF Stock Performance

NYSEARCA:SPGP opened at $110.60 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 firm has a market cap of $5.26 billion, a price-to-earnings ratio of 15.92 and a beta of 0.97. The business’s fifty day moving average is $108.53 and its 200 day moving average is $105.51.

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.