Lido Advisors LLC acquired a new position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP – Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 4,206 shares of the company’s stock, valued at approximately $453,000.
A number of other hedge funds have also recently made changes to their positions in SPGP. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Invesco S&P 500 GARP ETF by 19.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 449,537 shares of the company’s stock valued at $51,184,000 after purchasing an additional 74,711 shares during the last quarter. Campbell Deegan Wealth Management LLC lifted its stake in Invesco S&P 500 GARP ETF by 3.1% in the fourth quarter. Campbell Deegan Wealth Management LLC now owns 193,630 shares of the company’s stock worth $22,047,000 after purchasing an additional 5,843 shares during the last quarter. Royal Bank of Canada lifted its stake in Invesco S&P 500 GARP ETF by 2.3% in the fourth quarter. Royal Bank of Canada now owns 177,198 shares of the company’s stock worth $20,176,000 after purchasing an additional 3,941 shares during the last quarter. Coastal Bridge Advisors LLC lifted its stake in Invesco S&P 500 GARP ETF by 0.4% in the fourth quarter. Coastal Bridge Advisors LLC now owns 169,779 shares of the company’s stock worth $19,331,000 after purchasing an additional 686 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its position in Invesco S&P 500 GARP ETF by 115.6% during the third quarter. BNP Paribas Financial Markets now owns 130,000 shares of the company’s stock valued at $14,771,000 after buying an additional 69,709 shares during the period.
Invesco S&P 500 GARP ETF Stock Performance
Shares of NYSEARCA:SPGP opened at $125.34 on Friday. The stock’s 50-day moving average price is $121.66 and its 200-day moving average price is $116.75. Invesco S&P 500 GARP ETF has a 12-month low of $103.86 and a 12-month high of $126.66. The stock has a market capitalization of $2.25 billion, a P/E ratio of 16.90 and a beta of 0.96.
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.
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