ICA Group Wealth Management LLC Makes New $53,000 Investment in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

ICA Group Wealth Management LLC bought a new stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 540 shares of the company’s stock, valued at approximately $53,000.

Other large investors also recently modified their holdings of the company. Fisher Asset Management LLC acquired a new position in shares of Invesco S&P 500 GARP ETF during the 4th quarter valued at $410,000. Vima LLC bought a new stake in Invesco S&P 500 GARP ETF during the fourth quarter worth $2,176,000. Scarborough Advisors LLC purchased a new position in shares of Invesco S&P 500 GARP ETF in the 4th quarter worth about $6,728,000. EP Wealth Advisors LLC purchased a new stake in Invesco S&P 500 GARP ETF in the fourth quarter worth $118,000. Finally, Hobbs Group Advisors LLC purchased a new stake in Invesco S&P 500 GARP ETF during the fourth quarter valued at about $3,419,000.

Invesco S&P 500 GARP ETF Stock Up 0.8 %

Shares of NYSEARCA:SPGP traded up $0.77 during midday trading on Monday, reaching $102.88. 184,296 shares of the company traded hands, compared to its average volume of 335,080. Invesco S&P 500 GARP ETF has a 12 month low of $83.52 and a 12 month high of $107.06. The firm has a market capitalization of $4.86 billion, a price-to-earnings ratio of 15.56 and a beta of 0.96. The firm’s fifty day moving average price is $103.00 and its two-hundred day moving average price is $97.43.

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.