Creative Planning Has $20.08 Million Stock Position in Invesco S&P 500 GARP ETF $SPGP

Creative Planning lessened its position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 7.1% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 186,454 shares of the company’s stock after selling 14,276 shares during the period. Creative Planning owned approximately 0.74% of Invesco S&P 500 GARP ETF worth $20,081,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Hudock Inc. lifted its holdings in shares of Invesco S&P 500 GARP ETF by 19.4% in the 2nd quarter. Hudock Inc. now owns 43,704 shares of the company’s stock worth $4,707,000 after purchasing an additional 7,108 shares in the last quarter. Nwam LLC raised its holdings in Invesco S&P 500 GARP ETF by 3.1% during the second quarter. Nwam LLC now owns 25,858 shares of the company’s stock worth $2,837,000 after buying an additional 781 shares during the last quarter. Wedbush Securities Inc. bought a new position in shares of Invesco S&P 500 GARP ETF in the second quarter valued at $203,000. Vestmark Advisory Solutions Inc. acquired a new position in shares of Invesco S&P 500 GARP ETF during the second quarter valued at about $208,000. Finally, Centerpoint Advisory Group grew its holdings in shares of Invesco S&P 500 GARP ETF by 8.4% during the second quarter. Centerpoint Advisory Group now owns 7,508 shares of the company’s stock valued at $809,000 after buying an additional 580 shares during the last quarter.

Invesco S&P 500 GARP ETF Price Performance

SPGP opened at $110.64 on Monday. Invesco S&P 500 GARP ETF has a fifty-two week low of $84.13 and a fifty-two week high of $115.88. The firm has a market capitalization of $2.55 billion, a PE ratio of 16.90 and a beta of 1.00. The company’s 50-day moving average is $112.98 and its 200 day moving average is $108.89.

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.