Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) Shares Sold by Cerity Partners LLC

Cerity Partners LLC lowered its position in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 3.0% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 29,746 shares of the company’s stock after selling 926 shares during the quarter. Cerity Partners LLC owned approximately 0.62% of Invesco S&P MidCap 400 GARP ETF worth $3,114,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in Invesco S&P MidCap 400 GARP ETF in the fourth quarter valued at $6,157,000. Avantax Advisory Services Inc. increased its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 25.7% in the 4th quarter. Avantax Advisory Services Inc. now owns 6,741 shares of the company’s stock valued at $760,000 after acquiring an additional 1,380 shares during the last quarter. Commonwealth Equity Services LLC raised its position in shares of Invesco S&P MidCap 400 GARP ETF by 21.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 21,615 shares of the company’s stock worth $2,437,000 after acquiring an additional 3,879 shares in the last quarter. Axxcess Wealth Management LLC raised its position in shares of Invesco S&P MidCap 400 GARP ETF by 102.5% during the 4th quarter. Axxcess Wealth Management LLC now owns 7,703 shares of the company’s stock worth $869,000 after acquiring an additional 3,899 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in Invesco S&P MidCap 400 GARP ETF by 3.6% during the fourth quarter. LPL Financial LLC now owns 198,873 shares of the company’s stock worth $22,423,000 after purchasing an additional 6,836 shares during the last quarter.

Invesco S&P MidCap 400 GARP ETF Stock Down 0.4%

Shares of GRPM opened at $112.46 on Friday. The company has a market capitalization of $458.84 million, a price-to-earnings ratio of 13.88 and a beta of 1.09. Invesco S&P MidCap 400 GARP ETF has a 52-week low of $89.15 and a 52-week high of $127.48. The stock has a 50 day moving average price of $108.31 and a 200 day moving average price of $107.48.

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.