Planned Solutions Inc. Lowers Stake in Invesco S&P 500 GARP ETF $SPGP

Planned Solutions Inc. lowered its holdings in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 87.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 12,039 shares of the company’s stock after selling 86,974 shares during the period. Invesco S&P 500 GARP ETF comprises about 0.5% of Planned Solutions Inc.’s investment portfolio, making the stock its 27th biggest position. Planned Solutions Inc.’s holdings in Invesco S&P 500 GARP ETF were worth $1,297,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in SPGP. Goldman Sachs Group Inc. grew its holdings in shares of 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 last quarter. Calton & Associates Inc. grew its holdings in shares of Invesco S&P 500 GARP ETF by 332.1% during the 1st quarter. Calton & Associates Inc. now owns 46,640 shares of the company’s stock valued at $4,658,000 after purchasing an additional 35,845 shares during the last quarter. Longview Financial Advisors Inc. grew its holdings in shares of Invesco S&P 500 GARP ETF by 22.2% during the 1st quarter. Longview Financial Advisors Inc. now owns 133,968 shares of the company’s stock valued at $13,381,000 after purchasing an additional 24,369 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new position in shares of Invesco S&P 500 GARP ETF during the 2nd quarter valued at $2,194,000. Finally, Flow Traders U.S. LLC grew its holdings in shares of Invesco S&P 500 GARP ETF by 183.5% during the 1st quarter. Flow Traders U.S. LLC now owns 31,031 shares of the company’s stock valued at $3,099,000 after purchasing an additional 20,085 shares during the last quarter.

Invesco S&P 500 GARP ETF Stock Performance

SPGP stock opened at $112.15 on Friday. Invesco S&P 500 GARP ETF has a 52 week low of $84.13 and a 52 week high of $115.88. The firm’s fifty day moving average is $112.59 and its 200 day moving average is $105.89. The firm has a market cap of $2.60 billion, a P/E ratio of 16.90 and a beta of 1.11.

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.