Belpointe Asset Management LLC grew its stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP – Free Report) by 208.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,308 shares of the company’s stock after buying an additional 11,690 shares during the period. Belpointe Asset Management LLC owned 0.08% of Invesco S&P 500 GARP ETF worth $1,971,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of SPGP. AQR Capital Management LLC acquired a new position in shares of Invesco S&P 500 GARP ETF in the 1st quarter valued at $337,000. Goldman Sachs Group Inc. boosted its holdings in shares of Invesco S&P 500 GARP ETF by 915.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 43,696 shares of the company’s stock valued at $4,364,000 after buying an additional 39,392 shares in the last quarter. Franklin Resources Inc. acquired a new position in shares of Invesco S&P 500 GARP ETF in the 2nd quarter valued at $34,000. Cerity Partners LLC acquired a new position in shares of Invesco S&P 500 GARP ETF in the 2nd quarter valued at $4,174,000. Finally, Darwin Wealth Management LLC acquired a new position in shares of Invesco S&P 500 GARP ETF in the 2nd quarter valued at $225,000.
Invesco S&P 500 GARP ETF Trading Up 0.6%
Shares of Invesco S&P 500 GARP ETF stock opened at $118.08 on Tuesday. The company has a fifty day simple moving average of $112.11 and a 200-day simple moving average of $113.24. Invesco S&P 500 GARP ETF has a 12-month low of $89.70 and a 12-month high of $118.28. The stock has a market cap of $2.25 billion, a price-to-earnings ratio of 16.90 and a beta of 0.98.
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.
Read More
Want to see what other hedge funds are holding SPGP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 GARP ETF (NYSEARCA:SPGP – Free Report).
Receive News & Ratings for Invesco S&P 500 GARP ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 GARP ETF and related companies with MarketBeat.com's FREE daily email newsletter.
