Invesco S&P 500 GARP ETF $SPGP Shares Sold by Royal Bank of Canada

Royal Bank of Canada trimmed its stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 27.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 168,419 shares of the company’s stock after selling 63,591 shares during the quarter. Royal Bank of Canada owned about 0.59% of Invesco S&P 500 GARP ETF worth $16,822,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in SPGP. Jane Street Group LLC acquired a new stake in Invesco S&P 500 GARP ETF during the 4th quarter worth approximately $915,000. Fiduciary Trust Co lifted its position in Invesco S&P 500 GARP ETF by 8.8% during the 4th quarter. Fiduciary Trust Co now owns 2,279 shares of the company’s stock worth $239,000 after acquiring an additional 185 shares during the period. Millennium Management LLC acquired a new stake in shares of Invesco S&P 500 GARP ETF in the 4th quarter valued at approximately $247,000. Obermeyer Wealth Partners lifted its holdings in shares of Invesco S&P 500 GARP ETF by 61.6% in the 4th quarter. Obermeyer Wealth Partners now owns 8,188 shares of the company’s stock valued at $859,000 after buying an additional 3,120 shares during the period. Finally, Snowden Capital Advisors LLC lifted its holdings in shares of Invesco S&P 500 GARP ETF by 7.1% in the 4th quarter. Snowden Capital Advisors LLC now owns 12,263 shares of the company’s stock valued at $1,286,000 after buying an additional 813 shares during the period.

Invesco S&P 500 GARP ETF Price Performance

SPGP opened at $112.65 on Wednesday. The business has a 50 day simple moving average of $110.18 and a 200-day simple moving average of $103.57. The stock has a market capitalization of $2.83 billion, a P/E ratio of 16.90 and a beta of 1.11. Invesco S&P 500 GARP ETF has a 12 month low of $84.13 and a 12 month high of $113.98.

About Invesco S&P 500 GARP ETF

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.