Invesco S&P 500 GARP ETF $SPGP Shares Sold by Silicon Valley Capital Partners

Silicon Valley Capital Partners decreased its holdings in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 12.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 94,799 shares of the company’s stock after selling 13,658 shares during the period. Invesco S&P 500 GARP ETF comprises approximately 1.1% of Silicon Valley Capital Partners’ investment portfolio, making the stock its 27th largest holding. Silicon Valley Capital Partners owned approximately 0.53% of Invesco S&P 500 GARP ETF worth $11,593,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPGP. Integrated Wealth Concepts LLC acquired a new position in shares of Invesco S&P 500 GARP ETF during the 2nd quarter worth about $400,000. NewEdge Advisors LLC increased its position in shares of Invesco S&P 500 GARP ETF by 8.5% during the second quarter. NewEdge Advisors LLC now owns 27,790 shares of the company’s stock worth $3,398,000 after purchasing an additional 2,186 shares in the last quarter. Hudock Inc. raised its stake in Invesco S&P 500 GARP ETF by 1.6% in the 2nd quarter. Hudock Inc. now owns 36,350 shares of the company’s stock valued at $4,445,000 after purchasing an additional 582 shares during the last quarter. Allworth Financial LP boosted its stake in Invesco S&P 500 GARP ETF by 7.7% during the 2nd quarter. Allworth Financial LP now owns 37,603 shares of the company’s stock worth $4,598,000 after purchasing an additional 2,680 shares during the last quarter. Finally, Waverly Advisors LLC grew its holdings in shares of Invesco S&P 500 GARP ETF by 10.8% during the second quarter. Waverly Advisors LLC now owns 12,503 shares of the company’s stock worth $1,529,000 after buying an additional 1,221 shares in the last quarter.

Invesco S&P 500 GARP ETF Price Performance

NYSEARCA SPGP traded up $0.82 during trading hours on Monday, hitting $121.91. 345,340 shares of the company’s stock traded hands, compared to its average volume of 88,551. The firm’s 50-day moving average is $125.15 and its 200-day moving average is $119.31. Invesco S&P 500 GARP ETF has a 52-week low of $103.86 and a 52-week high of $129.64. The company has a market capitalization of $2.19 billion, a PE ratio of 16.90 and a beta of 0.95.

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.