Cetera Investment Advisers Decreases Position in Invesco S&P 500 GARP ETF $SPGP

Cetera Investment Advisers lessened its stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 10.4% in the first quarter, Holdings Channel reports. The fund owned 119,234 shares of the company’s stock after selling 13,875 shares during the quarter. Cetera Investment Advisers’ holdings in Invesco S&P 500 GARP ETF were worth $12,832,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco S&P 500 GARP ETF by 19.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 449,537 shares of the company’s stock valued at $51,184,000 after purchasing an additional 74,711 shares during the period. BNP Paribas Financial Markets grew its holdings in Invesco S&P 500 GARP ETF by 115.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 130,000 shares of the company’s stock valued at $14,771,000 after purchasing an additional 69,709 shares in the last quarter. Goldman Sachs Group Inc. increased 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 worth $4,364,000 after buying an additional 39,392 shares during the period. Cerity Partners LLC purchased a new stake in Invesco S&P 500 GARP ETF during the 2nd quarter worth $4,174,000. Finally, Jump Financial LLC acquired a new position in Invesco S&P 500 GARP ETF in the 4th quarter worth $3,907,000.

Invesco S&P 500 GARP ETF Stock Performance

Shares of SPGP opened at $125.34 on Thursday. The company has a market capitalization of $2.25 billion, a P/E ratio of 16.90 and a beta of 0.96. Invesco S&P 500 GARP ETF has a one year low of $103.86 and a one year high of $126.66. The stock has a 50-day moving average price of $121.51 and a 200 day moving average price of $116.69.

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.