Raymond James & Associates Trims Position in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:EWMC)

Raymond James & Associates decreased its stake in shares of Invesco S&P MidCap 400 GARP ETF (NYSEARCA:EWMC) by 12.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,071 shares of the company’s stock after selling 446 shares during the period. Raymond James & Associates’ holdings in Invesco S&P MidCap 400 GARP ETF were worth $302,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Janney Montgomery Scott LLC increased its position in Invesco S&P MidCap 400 GARP ETF by 8.2% during the third quarter. Janney Montgomery Scott LLC now owns 2,532 shares of the company’s stock worth $221,000 after purchasing an additional 191 shares during the last quarter. Atomi Financial Group Inc. acquired a new position in Invesco S&P MidCap 400 GARP ETF during the third quarter worth approximately $336,000. Commonwealth Equity Services LLC increased its position in Invesco S&P MidCap 400 GARP ETF by 18.9% during the third quarter. Commonwealth Equity Services LLC now owns 10,270 shares of the company’s stock worth $897,000 after purchasing an additional 1,629 shares during the last quarter. Kestra Private Wealth Services LLC acquired a new stake in shares of Invesco S&P MidCap 400 GARP ETF in the third quarter worth $1,211,000. Finally, Gateway Advisory LLC increased its position in shares of Invesco S&P MidCap 400 GARP ETF by 1.1% in the third quarter. Gateway Advisory LLC now owns 21,547 shares of the company’s stock worth $1,881,000 after acquiring an additional 226 shares in the last quarter.

Invesco S&P MidCap 400 GARP ETF Stock Up 0.2 %

Invesco S&P MidCap 400 GARP ETF stock opened at $89.76 on Monday. Invesco S&P MidCap 400 GARP ETF has a 52-week low of $74.63 and a 52-week high of $96.13. The firm has a fifty day moving average of $113.46 and a 200-day moving average of $100.31. The firm has a market capitalization of $295.31 million, a P/E ratio of 12.28 and a beta of 1.14.

Invesco S&P MidCap 400 GARP ETF Profile

The Invesco S&P MidCap 400 Equal Weight ETF (EWMC) is an exchange-traded fund that is based on the S&P MidCap 400 Equal Weighted index. The fund tracks an equal-weighted index consisting of mid-cap US firms. EWMC was launched on Dec 8, 2010 and is managed by Invesco.