Invesco S&P 500 GARP ETF $SPGP Stock Holdings Boosted by Howard Financial Services LTD.

Howard Financial Services LTD. boosted its stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 2.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 334,458 shares of the company’s stock after purchasing an additional 7,425 shares during the period. Invesco S&P 500 GARP ETF comprises about 4.2% of Howard Financial Services LTD.’s holdings, making the stock its 4th largest holding. Howard Financial Services LTD. owned about 1.97% of Invesco S&P 500 GARP ETF worth $39,740,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Merkkuri Wealth Advisors LLC acquired a new position in shares of Invesco S&P 500 GARP ETF during the first quarter worth $87,000. Continuum Advisory LLC bought a new position in shares of Invesco S&P 500 GARP ETF in the 2nd quarter valued at $108,000. Western Wealth Management LLC bought a new position in shares of Invesco S&P 500 GARP ETF in the 1st quarter valued at $127,000. Bayban bought a new position in shares of Invesco S&P 500 GARP ETF in the 4th quarter valued at $171,000. Finally, Sunbelt Securities Inc. lifted its stake in shares of Invesco S&P 500 GARP ETF by 4.2% in the 1st quarter. Sunbelt Securities Inc. now owns 2,162 shares of the company’s stock valued at $233,000 after acquiring an additional 88 shares during the last quarter.

Invesco S&P 500 GARP ETF Stock Down 0.7%

Shares of SPGP stock opened at $121.62 on Thursday. The firm has a market capitalization of $2.07 billion, a P/E ratio of 16.90 and a beta of 0.95. Invesco S&P 500 GARP ETF has a twelve month low of $103.86 and a twelve month high of $129.64. The stock’s fifty day simple moving average is $123.88 and its 200 day simple moving average is $120.64.

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.