Citadel Advisors LLC cut its holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP – Free Report) by 25.0% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 31,892 shares of the company’s stock after selling 10,625 shares during the quarter. Citadel Advisors LLC’s holdings in Invesco S&P 500 GARP ETF were worth $3,900,000 at the end of the most recent reporting period.
A number of other institutional investors have also made changes to their positions in the business. Franklin Resources Inc. acquired a new position in Invesco S&P 500 GARP ETF during the 2nd quarter worth about $34,000. Sarver Vrooman Wealth Advisors bought a new position in shares of Invesco S&P 500 GARP ETF in the fourth quarter worth about $38,000. Arax Advisory Partners bought a new position in shares of Invesco S&P 500 GARP ETF in the fourth quarter worth about $58,000. Merkkuri Wealth Advisors LLC acquired a new position in shares of Invesco S&P 500 GARP ETF during the first quarter worth approximately $87,000. Finally, National Bank of Canada FI lifted its position in shares of Invesco S&P 500 GARP ETF by 56.6% during the third quarter. National Bank of Canada FI now owns 830 shares of the company’s stock worth $94,000 after purchasing an additional 300 shares in the last quarter.
Invesco S&P 500 GARP ETF Price Performance
SPGP opened at $124.81 on Tuesday. The stock has a market capitalization of $2.24 billion, a P/E ratio of 16.90 and a beta of 0.95. The company’s 50 day simple moving average is $125.47 and its 200-day simple moving average is $118.90. Invesco S&P 500 GARP ETF has a one year low of $103.86 and a one year high of $129.64.
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.
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