Sigma Planning Corp Purchases 8,816 Shares of Invesco S&P MidCap 400 GARP ETF $GRPM

Sigma Planning Corp acquired a new stake in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 8,816 shares of the company’s stock, valued at approximately $1,194,000.

Several other hedge funds have also added to or reduced their stakes in GRPM. Root Financial Partners LLC bought a new position in Invesco S&P MidCap 400 GARP ETF during the third quarter worth about $94,000. Rockefeller Capital Management L.P. grew its stake in Invesco S&P MidCap 400 GARP ETF by 27.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 711 shares of the company’s stock valued at $85,000 after acquiring an additional 151 shares during the period. Courage Miller Partners LLC acquired a new position in Invesco S&P MidCap 400 GARP ETF in the third quarter valued at about $269,000. Main Street Group LTD increased its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 76.2% in the first quarter. Main Street Group LTD now owns 3,078 shares of the company’s stock worth $364,000 after acquiring an additional 1,331 shares in the last quarter. Finally, SeedSafe Financial LLC bought a new stake in shares of Invesco S&P MidCap 400 GARP ETF in the second quarter worth about $425,000.

Invesco S&P MidCap 400 GARP ETF Price Performance

NYSEARCA GRPM opened at $145.00 on Friday. The firm has a market cap of $616.25 million, a P/E ratio of 13.88 and a beta of 1.03. The stock’s 50-day moving average is $141.03 and its 200-day moving average is $130.21. Invesco S&P MidCap 400 GARP ETF has a one year low of $112.44 and a one year high of $146.45.

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.