Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) Reaches New 1-Year High – Here’s What Happened

Invesco S&P 500 GARP ETF (NYSEARCA:SPGPGet Free Report) shares hit a new 52-week high on Monday . The stock traded as high as $122.72 and last traded at $122.72, with a volume of 25421 shares changing hands. The stock had previously closed at $121.72.

Invesco S&P 500 GARP ETF Trading Down 0.1%

The company has a market capitalization of $2.31 billion, a PE ratio of 16.90 and a beta of 0.96. The business’s fifty day moving average is $118.74 and its two-hundred day moving average is $115.48.

Institutional Trading of Invesco S&P 500 GARP ETF

A number of institutional investors and hedge funds have recently modified their holdings of SPGP. Modern Wealth Management LLC boosted its position in shares of Invesco S&P 500 GARP ETF by 644.9% during the third quarter. Modern Wealth Management LLC now owns 243,512 shares of the company’s stock valued at $27,668,000 after buying an additional 210,823 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Invesco S&P 500 GARP ETF by 19.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 449,537 shares of the company’s stock worth $51,184,000 after buying an additional 74,711 shares during the last quarter. BNP Paribas Financial Markets raised its position in Invesco S&P 500 GARP ETF by 115.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 130,000 shares of the company’s stock worth $14,771,000 after buying an additional 69,709 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Invesco S&P 500 GARP ETF by 915.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 43,696 shares of the company’s stock valued at $4,364,000 after acquiring an additional 39,392 shares during the period. Finally, Cerity Partners LLC bought a new position in Invesco S&P 500 GARP ETF during the 2nd quarter valued at about $4,174,000.

Invesco S&P 500 GARP ETF Company Profile

(Get Free Report)

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.

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