Spinnaker Trust grew its holdings in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP – Free Report) by 17.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 61,461 shares of the company’s stock after buying an additional 9,243 shares during the period. Spinnaker Trust’s holdings in Invesco S&P 500 GARP ETF were worth $6,026,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Venturi Wealth Management LLC purchased a new position in Invesco S&P 500 GARP ETF during the 4th quarter valued at about $25,000. JFS Wealth Advisors LLC purchased a new position in shares of Invesco S&P 500 GARP ETF during the third quarter valued at approximately $26,000. HBC Financial Services PLLC bought a new stake in shares of Invesco S&P 500 GARP ETF in the 3rd quarter worth approximately $31,000. Signaturefd LLC purchased a new stake in shares of Invesco S&P 500 GARP ETF in the 3rd quarter worth approximately $31,000. Finally, Thompson Investment Management Inc. bought a new position in Invesco S&P 500 GARP ETF during the 4th quarter valued at approximately $35,000.
Invesco S&P 500 GARP ETF Trading Up 0.5 %
NYSEARCA:SPGP traded up $0.48 during trading hours on Friday, reaching $102.20. 328,797 shares of the company traded hands, compared to its average volume of 336,942. The business’s 50-day moving average price is $102.92 and its two-hundred day moving average price is $97.28. Invesco S&P 500 GARP ETF has a 1 year low of $83.52 and a 1 year high of $107.06. The stock has a market capitalization of $4.80 billion, a P/E ratio of 15.75 and a beta of 0.98.
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.
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