Truist Financial Corp Has $7.09 Million Stock Holdings in Invesco S&P 500 GARP ETF $SPGP

Truist Financial Corp trimmed its holdings in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 7.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 65,833 shares of the company’s stock after selling 4,980 shares during the period. Truist Financial Corp owned approximately 0.25% of Invesco S&P 500 GARP ETF worth $7,090,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of SPGP. Wealthcare Advisory Partners LLC grew its stake in Invesco S&P 500 GARP ETF by 2.1% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 168,179 shares of the company’s stock valued at $16,798,000 after acquiring an additional 3,430 shares in the last quarter. Grange Capital LLC lifted its position in shares of Invesco S&P 500 GARP ETF by 1.4% in the first quarter. Grange Capital LLC now owns 166,727 shares of the company’s stock worth $16,653,000 after purchasing an additional 2,301 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Invesco S&P 500 GARP ETF by 4.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 142,009 shares of the company’s stock worth $14,184,000 after purchasing an additional 6,657 shares during the period. Longview Financial Advisors Inc. grew its position in Invesco S&P 500 GARP ETF by 22.2% during the first quarter. Longview Financial Advisors Inc. now owns 133,968 shares of the company’s stock valued at $13,381,000 after purchasing an additional 24,369 shares in the last quarter. Finally, Principle Wealth Partners LLC increased its stake in Invesco S&P 500 GARP ETF by 4.1% in the 1st quarter. Principle Wealth Partners LLC now owns 119,466 shares of the company’s stock valued at $11,932,000 after buying an additional 4,656 shares during the period.

Invesco S&P 500 GARP ETF Stock Up 0.4%

SPGP stock opened at $115.23 on Tuesday. The company has a 50 day moving average of $111.82 and a two-hundred day moving average of $105.17. The company has a market cap of $2.70 billion, a price-to-earnings 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 $115.88.

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.