Sagespring Wealth Partners LLC Cuts Position in Invesco S&P 500 GARP ETF $SPGP

Sagespring Wealth Partners LLC lessened its holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 71.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,713 shares of the company’s stock after selling 14,121 shares during the quarter. Sagespring Wealth Partners LLC’s holdings in Invesco S&P 500 GARP ETF were worth $615,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Larson Financial Group LLC grew its holdings in Invesco S&P 500 GARP ETF by 13,900.0% in the first quarter. Larson Financial Group LLC now owns 280 shares of the company’s stock worth $28,000 after purchasing an additional 278 shares during the period. Arlington Trust Co LLC bought a new position in shares of Invesco S&P 500 GARP ETF in the first quarter worth approximately $60,000. Wealth Preservation Advisors LLC bought a new position in shares of Invesco S&P 500 GARP ETF in the first quarter worth approximately $66,000. Keystone Global Partners LLC bought a new position in shares of Invesco S&P 500 GARP ETF in the first quarter worth approximately $209,000. Finally, EP Wealth Advisors LLC lifted its stake in shares of Invesco S&P 500 GARP ETF by 12.7% in the first quarter. EP Wealth Advisors LLC now owns 2,211 shares of the company’s stock worth $221,000 after buying an additional 249 shares in the last quarter.

Invesco S&P 500 GARP ETF Stock Performance

Shares of NYSEARCA SPGP opened at $111.90 on Friday. The firm’s 50 day moving average price is $112.50 and its 200-day moving average price is $105.77. The company has a market cap of $2.60 billion, a PE ratio of 16.90 and a beta of 1.11. Invesco S&P 500 GARP ETF has a 52-week low of $84.13 and a 52-week high of $115.88.

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.