Spinnaker Trust Acquires 9,243 Shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Spinnaker Trust lifted its holdings in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 17.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 61,461 shares of the company’s stock after purchasing an additional 9,243 shares during the period. Spinnaker Trust owned 0.18% of Invesco S&P 500 GARP ETF worth $6,026,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of SPGP. Morgan Stanley lifted its holdings in Invesco S&P 500 GARP ETF by 20.0% during the 3rd quarter. Morgan Stanley now owns 4,986,125 shares of the company’s stock worth $454,934,000 after buying an additional 832,388 shares during the period. LPL Financial LLC boosted its holdings in Invesco S&P 500 GARP ETF by 50.1% in the third quarter. LPL Financial LLC now owns 2,670,278 shares of the company’s stock valued at $243,636,000 after acquiring an additional 891,343 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in Invesco S&P 500 GARP ETF by 30.5% in the third quarter. Envestnet Asset Management Inc. now owns 1,309,544 shares of the company’s stock valued at $119,483,000 after acquiring an additional 306,394 shares during the last quarter. Retirement Planning Group LLC increased its position in Invesco S&P 500 GARP ETF by 1.9% during the 4th quarter. Retirement Planning Group LLC now owns 1,228,028 shares of the company’s stock valued at $120,396,000 after purchasing an additional 23,041 shares during the period. Finally, Fifth Third Bancorp raised its holdings in Invesco S&P 500 GARP ETF by 10.7% during the 4th quarter. Fifth Third Bancorp now owns 1,218,843 shares of the company’s stock worth $119,495,000 after purchasing an additional 117,633 shares during the last quarter.

Invesco S&P 500 GARP ETF Stock Performance

Shares of NYSEARCA:SPGP traded up $0.48 during trading on Friday, reaching $102.20. The stock had a trading volume of 328,797 shares, compared to its average volume of 336,942. Invesco S&P 500 GARP ETF has a 52 week low of $83.52 and a 52 week high of $107.06. The firm’s fifty day moving average is $102.92 and its 200 day moving average is $97.28. The stock has a market cap of $4.80 billion, a price-to-earnings ratio of 15.75 and a beta of 0.98.

Invesco S&P 500 GARP ETF 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.