Stadion Money Management LLC Decreases Holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Stadion Money Management LLC reduced its position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 4.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 143,260 shares of the company’s stock after selling 6,200 shares during the period. Invesco S&P 500 GARP ETF makes up about 1.2% of Stadion Money Management LLC’s holdings, making the stock its 18th biggest holding. Stadion Money Management LLC’s holdings in Invesco S&P 500 GARP ETF were worth $15,025,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPGP. Raymond James Financial Inc. acquired a new position in Invesco S&P 500 GARP ETF in the fourth quarter worth approximately $175,549,000. Wells Fargo & Company MN lifted its position in Invesco S&P 500 GARP ETF by 74.2% during the 4th quarter. Wells Fargo & Company MN now owns 565,646 shares of the company’s stock worth $59,325,000 after acquiring an additional 240,941 shares during the last quarter. Howard Financial Services LTD. increased its holdings in shares of Invesco S&P 500 GARP ETF by 12.9% during the 4th quarter. Howard Financial Services LTD. now owns 311,312 shares of the company’s stock worth $32,650,000 after purchasing an additional 35,495 shares during the period. D Orazio & Associates Inc. increased its stake in Invesco S&P 500 GARP ETF by 3.1% in the fourth quarter. D Orazio & Associates Inc. now owns 257,427 shares of the company’s stock valued at $26,999,000 after acquiring an additional 7,715 shares during the period. Finally, Stratos Wealth Partners LTD. grew its stake in Invesco S&P 500 GARP ETF by 1.7% during the fourth quarter. Stratos Wealth Partners LTD. now owns 231,573 shares of the company’s stock worth $24,287,000 after buying an additional 3,905 shares during the last quarter.

Invesco S&P 500 GARP ETF Trading Up 0.7%

Shares of SPGP stock opened at $104.93 on Friday. The firm’s 50 day moving average is $96.99 and its 200-day moving average is $104.02. Invesco S&P 500 GARP ETF has a 1 year low of $84.13 and a 1 year high of $112.90. The firm has a market capitalization of $2.99 billion, a price-to-earnings ratio of 13.87 and a beta of 1.01.

Invesco S&P 500 GARP ETF Company 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.