Planned Solutions Inc. raised its position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP – Free Report) by 2.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 103,766 shares of the company’s stock after purchasing an additional 2,135 shares during the period. Invesco S&P 500 GARP ETF makes up approximately 4.4% of Planned Solutions Inc.’s investment portfolio, making the stock its 7th biggest position. Planned Solutions Inc.’s holdings in Invesco S&P 500 GARP ETF were worth $10,861,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPGP. GAMMA Investing LLC acquired a new stake in shares of Invesco S&P 500 GARP ETF in the 2nd quarter valued at about $25,000. Sound Income Strategies LLC acquired a new stake in shares of Invesco S&P 500 GARP ETF in the 1st quarter valued at about $28,000. Pineridge Advisors LLC acquired a new stake in shares of Invesco S&P 500 GARP ETF in the 1st quarter valued at about $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Invesco S&P 500 GARP ETF in the 2nd quarter valued at about $35,000. Finally, International Assets Investment Management LLC acquired a new stake in Invesco S&P 500 GARP ETF during the second quarter worth about $37,000.
Invesco S&P 500 GARP ETF Trading Up 0.1 %
SPGP traded up $0.13 on Thursday, hitting $106.14. 14,006 shares of the company’s stock were exchanged, compared to its average volume of 292,329. The firm has a market cap of $5.05 billion, a PE ratio of 15.92 and a beta of 0.97. Invesco S&P 500 GARP ETF has a twelve month low of $86.16 and a twelve month high of $107.06. The stock has a fifty day moving average of $102.20 and a two-hundred day moving average of $102.88.
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.
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