Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 17.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 259,480 shares of the company’s stock after selling 54,515 shares during the quarter. Envestnet Asset Management Inc. owned about 0.86% of Invesco S&P 500 GARP ETF worth $25,917,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Wells Fargo & Company MN boosted its stake in shares of Invesco S&P 500 GARP ETF by 74.2% during the 4th quarter. Wells Fargo & Company MN now owns 565,646 shares of the company’s stock worth $59,325,000 after acquiring an additional 240,941 shares in the last quarter. Campbell Deegan Wealth Management LLC acquired a new stake in Invesco S&P 500 GARP ETF in the 4th quarter valued at about $17,212,000. Retirement Planning Group LLC raised its holdings in Invesco S&P 500 GARP ETF by 11.5% in the 4th quarter. Retirement Planning Group LLC now owns 1,415,369 shares of the company’s stock valued at $148,444,000 after acquiring an additional 145,943 shares during the last quarter. NBZ Investment Advisors LLC acquired a new stake in Invesco S&P 500 GARP ETF in the 4th quarter valued at about $12,595,000. Finally, Wood Tarver Financial Group LLC acquired a new stake in shares of Invesco S&P 500 GARP ETF during the 4th quarter worth approximately $7,830,000.

Invesco S&P 500 GARP ETF Price Performance

Shares of NYSEARCA SPGP opened at $108.95 on Tuesday. The company has a 50 day simple moving average of $104.32 and a 200-day simple moving average of $102.84. The company has a market capitalization of $2.85 billion, a P/E ratio of 16.90 and a beta of 1.11. Invesco S&P 500 GARP ETF has a 1 year low of $84.13 and a 1 year high of $112.90.

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.