Sovereign Financial Group Inc. Has $499,000 Holdings in Invesco S&P 500 GARP ETF $SPGP

Sovereign Financial Group Inc. cut its position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 76.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,396 shares of the company’s stock after selling 14,124 shares during the quarter. Sovereign Financial Group Inc.’s holdings in Invesco S&P 500 GARP ETF were worth $499,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPGP. Global Retirement Partners LLC acquired a new stake in shares of Invesco S&P 500 GARP ETF during the second quarter valued at approximately $19,560,000. BNP Paribas Financial Markets purchased a new position in Invesco S&P 500 GARP ETF during the 2nd quarter worth approximately $6,493,000. Goldman Sachs Group Inc. raised its stake in Invesco S&P 500 GARP ETF by 915.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 43,696 shares of the company’s stock valued at $4,364,000 after purchasing an additional 39,392 shares during the period. Cerity Partners LLC acquired a new stake in Invesco S&P 500 GARP ETF during the 2nd quarter valued at $4,174,000. Finally, Thrivent Financial for Lutherans purchased a new stake in shares of Invesco S&P 500 GARP ETF in the second quarter valued at $3,113,000.

Invesco S&P 500 GARP ETF Stock Down 0.1%

Shares of Invesco S&P 500 GARP ETF stock opened at $115.56 on Monday. Invesco S&P 500 GARP ETF has a 12 month low of $84.13 and a 12 month high of $116.38. The stock has a market cap of $2.66 billion, a PE ratio of 16.90 and a beta of 1.00. The business has a fifty day simple moving average of $112.72 and a 200-day simple moving average of $111.20.

Invesco S&P 500 GARP ETF Company 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.