Regal Investment Advisors LLC Has $14.32 Million Stock Position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Regal Investment Advisors LLC lifted its position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 5.5% in the second quarter, Holdings Channel.com reports. The institutional investor owned 139,284 shares of the company’s stock after purchasing an additional 7,301 shares during the period. Invesco S&P 500 GARP ETF makes up about 0.9% of Regal Investment Advisors LLC’s holdings, making the stock its 18th largest holding. Regal Investment Advisors LLC’s holdings in Invesco S&P 500 GARP ETF were worth $14,316,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. WealthTrust Asset Management LLC lifted its stake in shares of Invesco S&P 500 GARP ETF by 4.1% in the second quarter. WealthTrust Asset Management LLC now owns 2,767 shares of the company’s stock worth $284,000 after buying an additional 108 shares during the last quarter. Fifth Third Wealth Advisors LLC raised its stake in Invesco S&P 500 GARP ETF by 5.0% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 2,610 shares of the company’s stock valued at $278,000 after purchasing an additional 125 shares during the last quarter. Concurrent Investment Advisors LLC raised its stake in Invesco S&P 500 GARP ETF by 6.4% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 2,245 shares of the company’s stock valued at $231,000 after purchasing an additional 135 shares during the last quarter. ERn Financial LLC raised its stake in Invesco S&P 500 GARP ETF by 0.6% during the 2nd quarter. ERn Financial LLC now owns 31,821 shares of the company’s stock valued at $3,271,000 after purchasing an additional 185 shares during the last quarter. Finally, Opal Wealth Advisors LLC raised its stake in Invesco S&P 500 GARP ETF by 3.0% during the 2nd quarter. Opal Wealth Advisors LLC now owns 6,975 shares of the company’s stock valued at $717,000 after purchasing an additional 205 shares during the last quarter.

Invesco S&P 500 GARP ETF Price Performance

NYSEARCA:SPGP opened at $104.82 on Monday. The stock has a market cap of $4.99 billion, a P/E ratio of 15.92 and a beta of 0.97. Invesco S&P 500 GARP ETF has a one year low of $86.16 and a one year high of $107.06. The company has a fifty day moving average price of $101.86 and a 200 day moving average price of $102.79.

Invesco S&P 500 GARP ETF Company 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.