Invesco S&P 500 GARP ETF $SPGP Shares Sold by Clearstead Advisors LLC

Clearstead Advisors LLC reduced its position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 61.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,158 shares of the company’s stock after selling 24,560 shares during the quarter. Clearstead Advisors LLC owned approximately 0.07% of Invesco S&P 500 GARP ETF worth $1,722,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Franklin Resources Inc. acquired a new position in shares of Invesco S&P 500 GARP ETF in the 2nd quarter worth approximately $34,000. Root Financial Partners LLC bought a new position in Invesco S&P 500 GARP ETF during the third quarter worth $36,000. Smartleaf Asset Management LLC boosted its holdings in Invesco S&P 500 GARP ETF by 1,369.4% in the third quarter. Smartleaf Asset Management LLC now owns 720 shares of the company’s stock worth $82,000 after purchasing an additional 671 shares during the period. Vermillion & White Wealth Management Group LLC boosted its holdings in 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 period. Finally, Wedbush Securities Inc. bought a new stake in Invesco S&P 500 GARP ETF during the second quarter valued at $203,000.

Invesco S&P 500 GARP ETF Stock Performance

Shares of NYSEARCA:SPGP opened at $115.13 on Wednesday. The company’s fifty day moving average is $115.68 and its two-hundred day moving average is $113.58. Invesco S&P 500 GARP ETF has a 1-year low of $84.13 and a 1-year high of $118.08. The stock has a market capitalization of $2.41 billion, a price-to-earnings ratio of 16.90 and a beta of 1.00.

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.