Nvest Financial LLC Buys 282 Shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Nvest Financial LLC raised its stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 11.4% in the first quarter, Holdings Channel reports. The institutional investor owned 2,751 shares of the company’s stock after buying an additional 282 shares during the quarter. Nvest Financial LLC’s holdings in Invesco S&P 500 GARP ETF were worth $275,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. PNC Financial Services Group Inc. boosted its position in shares of Invesco S&P 500 GARP ETF by 296.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,064 shares of the company’s stock valued at $216,000 after acquiring an additional 1,543 shares during the period. Jane Street Group LLC purchased a new stake in Invesco S&P 500 GARP ETF in the 4th quarter worth approximately $915,000. Wealth Enhancement Advisory Services LLC boosted its holdings in Invesco S&P 500 GARP ETF by 4.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 142,009 shares of the company’s stock valued at $14,184,000 after purchasing an additional 6,657 shares during the period. US Bancorp DE grew its position in shares of Invesco S&P 500 GARP ETF by 25.8% during the 4th quarter. US Bancorp DE now owns 3,934 shares of the company’s stock valued at $413,000 after purchasing an additional 808 shares in the last quarter. Finally, Jacobi Capital Management LLC grew its position in shares of Invesco S&P 500 GARP ETF by 9.4% during the 4th quarter. Jacobi Capital Management LLC now owns 4,329 shares of the company’s stock valued at $454,000 after purchasing an additional 373 shares in the last quarter.

Invesco S&P 500 GARP ETF Stock Performance

Shares of SPGP stock opened at $105.08 on Thursday. The company has a market capitalization of $2.78 billion, a PE ratio of 15.95 and a beta of 1.00. Invesco S&P 500 GARP ETF has a 52-week low of $84.13 and a 52-week high of $112.90. The business’s fifty day moving average is $100.92 and its 200 day moving average is $102.78.

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.