Raymond James & Associates Expands Investment in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Raymond James & Associates Expands Investment in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)


Raymond James & Associates boosted its position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGPFree Report) by 76.8% during the 4th quarter, HoldingsChannel reports. The firm owned 297,435 shares of the company’s stock after buying an additional 129,162 shares during the period. Raymond James & Associates’ holdings in Invesco S&P 500 GARP ETF were worth $29,161,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of SPGP. JPMorgan Chase & Co. increased its position in Invesco S&P 500 GARP ETF by 188.2% during the 1st quarter. JPMorgan Chase & Co. now owns 137,652 shares of the company’s stock valued at $12,559,000 after purchasing an additional 89,885 shares during the period. Vontobel Holding Ltd. bought a new position in shares of Invesco S&P 500 GARP ETF during the first quarter valued at approximately $693,000. Baird Financial Group Inc. purchased a new position in Invesco S&P 500 GARP ETF during the first quarter valued at approximately $2,529,000. Equitable Holdings Inc. raised its stake in Invesco S&P 500 GARP ETF by 161.4% in the first quarter. Equitable Holdings Inc. now owns 30,055 shares of the company’s stock worth $2,742,000 after buying an additional 18,556 shares in the last quarter. Finally, Mariner LLC lifted its holdings in Invesco S&P 500 GARP ETF by 11.0% during the first quarter. Mariner LLC now owns 15,326 shares of the company’s stock worth $1,398,000 after buying an additional 1,520 shares during the period.

Invesco S&P 500 GARP ETF Trading Up 0.6 %

Shares of NYSEARCA SPGP opened at $106.49 on Friday. Invesco S&P 500 GARP ETF has a 12-month low of $83.14 and a 12-month high of $106.76. The stock’s fifty day simple moving average is $100.44 and its two-hundred day simple moving average is $95.62. The stock has a market capitalization of $3.66 billion, a PE ratio of 10.51 and a beta of 1.11.

Invesco S&P 500 GARP ETF Profile

(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.

Want to see what other hedge funds are holding SPGP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 GARP ETF (NYSEARCA:SPGPFree Report).

Institutional Ownership by Quarter for Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)



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