Invesco S&P 500 GARP ETF $SPGP Shares Sold by Riverchase Wealth Management LLC

Riverchase Wealth Management LLC cut its position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 10.6% in the second quarter, Holdings Channel reports. The firm owned 1,895 shares of the company’s stock after selling 225 shares during the period. Riverchase Wealth Management LLC’s holdings in Invesco S&P 500 GARP ETF were worth $204,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC boosted its position in shares of Invesco S&P 500 GARP ETF by 4.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 142,009 shares of the company’s stock valued at $14,184,000 after purchasing an additional 6,657 shares during the period. EP Wealth Advisors LLC boosted its position in shares of Invesco S&P 500 GARP ETF by 12.7% in the 1st quarter. EP Wealth Advisors LLC now owns 2,211 shares of the company’s stock valued at $221,000 after purchasing an additional 249 shares during the period. US Bancorp DE boosted its position in shares of Invesco S&P 500 GARP ETF by 31.7% in the 1st quarter. US Bancorp DE now owns 5,182 shares of the company’s stock valued at $518,000 after purchasing an additional 1,248 shares during the period. Millennium Management LLC acquired a new stake in shares of Invesco S&P 500 GARP ETF in the 4th quarter valued at about $247,000. Finally, Principle Wealth Partners LLC boosted its position in shares of Invesco S&P 500 GARP ETF by 4.1% in the 1st quarter. Principle Wealth Partners LLC now owns 119,466 shares of the company’s stock valued at $11,932,000 after purchasing an additional 4,656 shares during the period.

Invesco S&P 500 GARP ETF Stock Down 0.7%

Shares of NYSEARCA SPGP opened at $114.15 on Friday. The stock has a market cap of $2.66 billion, a PE ratio of 16.90 and a beta of 1.11. Invesco S&P 500 GARP ETF has a 52-week low of $84.13 and a 52-week high of $115.88. The business has a 50-day moving average price of $112.11 and a 200 day moving average price of $105.38.

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.