Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) Short Interest Update

Invesco S&P 500 GARP ETF (NYSEARCA:SPGPGet Free Report) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 61,921 shares, an increase of 112.6% from the June 30th total of 29,121 shares. Based on an average daily volume of 91,704 shares, the short-interest ratio is presently 0.7 days. Approximately 0.3% of the shares of the stock are short sold.

Invesco S&P 500 GARP ETF Trading Up 1.9%

Shares of NYSEARCA:SPGP traded up $2.34 during midday trading on Tuesday, reaching $125.90. 129,402 shares of the company were exchanged, compared to its average volume of 87,199. The stock has a market cap of $2.25 billion, a PE ratio of 16.90 and a beta of 0.96. Invesco S&P 500 GARP ETF has a one year low of $103.86 and a one year high of $126.00. The business’s fifty day moving average is $121.14 and its two-hundred day moving average is $116.57.

Hedge Funds Weigh In On Invesco S&P 500 GARP ETF

Several institutional investors have recently bought and sold shares of SPGP. Wealthcare Advisory Partners LLC lifted its holdings in shares of Invesco S&P 500 GARP ETF by 1.9% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 22,434 shares of the company’s stock valued at $2,743,000 after acquiring an additional 427 shares during the last quarter. Puff Wealth Management LLC purchased a new position in Invesco S&P 500 GARP ETF during the 2nd quarter valued at $345,000. Clark Asset Management LLC boosted its stake in shares of Invesco S&P 500 GARP ETF by 6.4% during the second quarter. Clark Asset Management LLC now owns 4,259 shares of the company’s stock valued at $521,000 after purchasing an additional 256 shares during the period. Longview Financial Advisors Inc. boosted its position in Invesco S&P 500 GARP ETF by 3.5% in the 2nd quarter. Longview Financial Advisors Inc. now owns 113,518 shares of the company’s stock valued at $13,882,000 after buying an additional 3,818 shares during the period. Finally, Western Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 GARP ETF in the first quarter valued at approximately $127,000.

Invesco S&P 500 GARP ETF Company Profile

(Get Free Report)

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.

Featured Stories

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.