Short Interest in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) Declines By 75.6%

Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 1,249 shares, a decline of 75.6% from the June 15th total of 5,119 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 8,492 shares, the short-interest ratio is currently 0.1 days.

Invesco S&P MidCap 400 GARP ETF Stock Performance

Invesco S&P MidCap 400 GARP ETF stock traded down $0.06 during midday trading on Monday, reaching $132.25. The stock had a trading volume of 2,880 shares, compared to its average volume of 17,609. The stock’s 50-day simple moving average is $128.04 and its 200 day simple moving average is $123.96. Invesco S&P MidCap 400 GARP ETF has a twelve month low of $109.56 and a twelve month high of $133.95. The stock has a market capitalization of $478.75 million, a PE ratio of 13.88 and a beta of 1.01.

Institutional Investors Weigh In On Invesco S&P MidCap 400 GARP ETF

Institutional investors have recently bought and sold shares of the business. Mariner LLC raised its position in Invesco S&P MidCap 400 GARP ETF by 2.3% in the third quarter. Mariner LLC now owns 4,376 shares of the company’s stock valued at $528,000 after purchasing an additional 98 shares during the period. Rockefeller Capital Management L.P. grew its holdings in Invesco S&P MidCap 400 GARP ETF by 27.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 711 shares of the company’s stock valued at $85,000 after purchasing an additional 151 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in Invesco S&P MidCap 400 GARP ETF by 0.5% in the 3rd quarter. Raymond James Financial Inc. now owns 39,255 shares of the company’s stock worth $4,735,000 after buying an additional 205 shares in the last quarter. Truist Financial Corp lifted its holdings in Invesco S&P MidCap 400 GARP ETF by 1.6% in the 4th quarter. Truist Financial Corp now owns 13,448 shares of the company’s stock worth $1,614,000 after buying an additional 208 shares in the last quarter. Finally, Thoroughbred Financial Services LLC boosted its position in Invesco S&P MidCap 400 GARP ETF by 0.9% in the 4th quarter. Thoroughbred Financial Services LLC now owns 28,908 shares of the company’s stock valued at $3,469,000 after buying an additional 259 shares during the last quarter.

About Invesco S&P MidCap 400 GARP ETF

The Invesco S&P MidCap 400 GARP ETF (GRPM) is an exchange-traded fund that is based on the S&P MidCap 400 GARP index. The fund tracks an index of US mid-cap growth stocks with perceived quality and value characteristics. GRPM was launched on Dec 8, 2010 and is issued by Invesco.