Quantum Portfolio Management LLC Takes Position in Invesco S&P 500 GARP ETF $SPGP

Quantum Portfolio Management LLC bought a new position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 7,036 shares of the company’s stock, valued at approximately $757,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Franklin Resources Inc. purchased a new position in Invesco S&P 500 GARP ETF during the 2nd quarter valued at about $34,000. Sarver Vrooman Wealth Advisors purchased a new stake in shares of Invesco S&P 500 GARP ETF in the fourth quarter worth approximately $38,000. Arax Advisory Partners acquired a new stake in shares of Invesco S&P 500 GARP ETF during the fourth quarter worth approximately $58,000. Elevated Capital Advisors LLC acquired a new stake in shares of Invesco S&P 500 GARP ETF during the fourth quarter worth approximately $78,000. Finally, Merkkuri Wealth Advisors LLC purchased a new position in Invesco S&P 500 GARP ETF during the first quarter valued at approximately $87,000.

Invesco S&P 500 GARP ETF Stock Performance

Invesco S&P 500 GARP ETF stock opened at $122.83 on Thursday. The firm has a market cap of $2.20 billion, a PE ratio of 16.90 and a beta of 0.96. The firm’s 50 day moving average price is $119.52 and its two-hundred day moving average price is $115.88. Invesco S&P 500 GARP ETF has a twelve month low of $103.86 and a twelve month high of $125.47.

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.