Invesco S&P MidCap 400 GARP ETF $GRPM Shares Bought by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC raised its holdings in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 353.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 33,932 shares of the company’s stock after purchasing an additional 26,457 shares during the period. Axxcess Wealth Management LLC owned about 0.91% of Invesco S&P MidCap 400 GARP ETF worth $4,093,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. Osaic Holdings Inc. boosted its holdings in Invesco S&P MidCap 400 GARP ETF by 76.8% in the second quarter. Osaic Holdings Inc. now owns 112,369 shares of the company’s stock worth $12,294,000 after purchasing an additional 48,810 shares during the period. 626 Financial LLC increased its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 1.7% during the third quarter. 626 Financial LLC now owns 100,606 shares of the company’s stock valued at $12,135,000 after purchasing an additional 1,688 shares during the period. Ameritas Investment Partners Inc. raised its position in shares of Invesco S&P MidCap 400 GARP ETF by 11.0% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 46,861 shares of the company’s stock worth $5,121,000 after buying an additional 4,643 shares in the last quarter. Summit Investment Advisors Inc. raised its holdings in Invesco S&P MidCap 400 GARP ETF by 11.3% during the first quarter. Summit Investment Advisors Inc. now owns 42,218 shares of the company’s stock worth $4,420,000 after purchasing an additional 4,279 shares in the last quarter. Finally, Stenger Family Office LLC bought a new stake in shares of Invesco S&P MidCap 400 GARP ETF in the 2nd quarter worth $4,207,000.

Invesco S&P MidCap 400 GARP ETF Stock Up 0.9%

Shares of GRPM stock opened at $124.66 on Thursday. The stock has a 50-day simple moving average of $122.57 and a 200 day simple moving average of $119.98. The stock has a market capitalization of $527.31 million, a P/E ratio of 13.88 and a beta of 1.11. Invesco S&P MidCap 400 GARP ETF has a fifty-two week low of $89.15 and a fifty-two week high of $125.69.

Invesco S&P MidCap 400 GARP ETF Company Profile

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.