Bank of America Corp DE Buys 48,871 Shares of Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM)

Bank of America Corp DE increased its position in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 41.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 167,572 shares of the company’s stock after purchasing an additional 48,871 shares during the quarter. Bank of America Corp DE owned approximately 4.82% of Invesco S&P MidCap 400 GARP ETF worth $18,894,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. LPL Financial LLC lifted its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 3.6% in the 4th quarter. LPL Financial LLC now owns 198,873 shares of the company’s stock worth $22,423,000 after buying an additional 6,836 shares during the period. Ameriprise Financial Inc. lifted its stake in Invesco S&P MidCap 400 GARP ETF by 41.8% in the fourth quarter. Ameriprise Financial Inc. now owns 76,054 shares of the company’s stock worth $8,575,000 after acquiring an additional 22,410 shares during the period. Jones Financial Companies Lllp grew its holdings in Invesco S&P MidCap 400 GARP ETF by 83.8% during the 4th quarter. Jones Financial Companies Lllp now owns 58,087 shares of the company’s stock worth $6,549,000 after acquiring an additional 26,492 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Invesco S&P MidCap 400 GARP ETF during the 4th quarter valued at about $6,157,000. Finally, WealthCare Investment Partners LLC raised its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 8.7% in the 4th quarter. WealthCare Investment Partners LLC now owns 52,229 shares of the company’s stock valued at $5,900,000 after purchasing an additional 4,189 shares in the last quarter.

Invesco S&P MidCap 400 GARP ETF Stock Performance

Shares of GRPM opened at $107.26 on Tuesday. The company has a 50 day moving average price of $101.93 and a 200-day moving average price of $110.76. Invesco S&P MidCap 400 GARP ETF has a fifty-two week low of $89.15 and a fifty-two week high of $127.48. The stock has a market capitalization of $478.38 million, a PE ratio of 11.55 and a beta of 1.11.

Invesco S&P MidCap 400 GARP ETF Company Profile

The Invesco S&P MidCap 400 GARP ETF (GRPM) is an exchange-traded fund that is based on the S&P MidCap 400 GARP index. The fund tracks an index of US mid-cap growth stocks with perceived quality and value characteristics. GRPM was launched on Dec 8, 2010 and is issued by Invesco.