Ethos Financial Group LLC Invests $938,000 in Invesco S&P 500 GARP ETF $SPGP

Ethos Financial Group LLC acquired a new position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 8,257 shares of the company’s stock, valued at approximately $938,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Franklin Resources Inc. purchased a new stake in shares of Invesco S&P 500 GARP ETF in the 2nd quarter valued at about $34,000. Vermillion & White Wealth Management Group LLC increased its position in shares of Invesco S&P 500 GARP ETF by 97.4% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 1,528 shares of the company’s stock worth $165,000 after purchasing an additional 754 shares during the last quarter. Wedbush Securities Inc. purchased a new stake in Invesco S&P 500 GARP ETF in the second quarter valued at approximately $203,000. Vestmark Advisory Solutions Inc. bought a new stake in Invesco S&P 500 GARP ETF during the second quarter valued at approximately $208,000. Finally, Darwin Wealth Management LLC bought a new stake in Invesco S&P 500 GARP ETF during the second quarter valued at approximately $225,000.

Invesco S&P 500 GARP ETF Price Performance

SPGP stock opened at $117.21 on Friday. The firm has a 50 day simple moving average of $113.02 and a two-hundred day simple moving average of $111.81. The stock has a market cap of $2.50 billion, a PE ratio of 16.90 and a beta of 1.00. Invesco S&P 500 GARP ETF has a one year low of $84.13 and a one year high of $117.75.

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.