BNP Paribas Financial Markets Trims Stock Holdings in Invesco S&P 500 GARP ETF $SPGP

BNP Paribas Financial Markets reduced its stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 30.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 90,395 shares of the company’s stock after selling 39,605 shares during the period. BNP Paribas Financial Markets’ holdings in Invesco S&P 500 GARP ETF were worth $10,292,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. raised its holdings in Invesco S&P 500 GARP ETF by 19.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 449,537 shares of the company’s stock valued at $51,184,000 after buying an additional 74,711 shares during the period. Modern Wealth Management LLC increased its stake in Invesco S&P 500 GARP ETF by 644.9% during the third quarter. Modern Wealth Management LLC now owns 243,512 shares of the company’s stock worth $27,668,000 after purchasing an additional 210,823 shares during the period. Campbell Deegan Wealth Management LLC increased its stake in Invesco S&P 500 GARP ETF by 3.1% during 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 period. Wealthcare Advisory Partners LLC increased its stake in Invesco S&P 500 GARP ETF by 3.0% during the third quarter. Wealthcare Advisory Partners LLC now owns 187,916 shares of the company’s stock worth $21,351,000 after purchasing an additional 5,486 shares during the period. Finally, Grange Capital LLC increased its stake in Invesco S&P 500 GARP ETF by 0.9% during the fourth quarter. Grange Capital LLC now owns 119,715 shares of the company’s stock worth $13,631,000 after purchasing an additional 1,072 shares during the period.

Invesco S&P 500 GARP ETF Price Performance

Shares of NYSEARCA:SPGP opened at $119.74 on Tuesday. The firm has a market capitalization of $2.26 billion, a PE ratio of 16.90 and a beta of 0.96. The firm’s 50-day moving average is $115.67 and its two-hundred day moving average is $114.51. Invesco S&P 500 GARP ETF has a 1 year low of $102.23 and a 1 year high of $121.90.

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.