Fairscale Capital LLC Purchases Shares of 4,355 Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Fairscale Capital LLC acquired a new position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) during the 2nd quarter, HoldingsChannel.com reports. The firm acquired 4,355 shares of the company’s stock, valued at approximately $464,000.

Several other large investors have also recently made changes to their positions in SPGP. LPL Financial LLC raised its position in Invesco S&P 500 GARP ETF by 3.1% in the second quarter. LPL Financial LLC now owns 3,639,864 shares of the company’s stock valued at $374,105,000 after purchasing an additional 109,896 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Invesco S&P 500 GARP ETF by 49.1% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,952,588 shares of the company’s stock valued at $191,432,000 after buying an additional 643,044 shares during the period. Raymond James Financial Services Advisors Inc. lifted its stake in Invesco S&P 500 GARP ETF by 18.7% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,388,101 shares of the company’s stock worth $142,669,000 after acquiring an additional 218,760 shares in the last quarter. Fifth Third Bancorp boosted its holdings in Invesco S&P 500 GARP ETF by 1.4% during the 2nd quarter. Fifth Third Bancorp now owns 1,314,431 shares of the company’s stock valued at $135,097,000 after acquiring an additional 17,717 shares during the period. Finally, Retirement Planning Group LLC grew its position in Invesco S&P 500 GARP ETF by 2.5% in the 2nd quarter. Retirement Planning Group LLC now owns 1,256,364 shares of the company’s stock valued at $129,129,000 after acquiring an additional 31,185 shares in the last quarter.

Invesco S&P 500 GARP ETF Price Performance

Shares of NYSEARCA:SPGP opened at $103.83 on Friday. The firm has a market capitalization of $4.94 billion, a PE ratio of 15.92 and a beta of 0.97. Invesco S&P 500 GARP ETF has a 1 year low of $86.16 and a 1 year high of $107.06. The firm’s 50-day moving average is $101.95 and its two-hundred day moving average is $102.75.

Invesco S&P 500 GARP ETF Profile

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.