Nwam LLC Invests $2.28 Million in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Nwam LLC purchased a new stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 21,737 shares of the company’s stock, valued at approximately $2,275,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SPGP. GAMMA Investing LLC acquired a new position in Invesco S&P 500 GARP ETF in the second quarter valued at approximately $25,000. Moisand Fitzgerald Tamayo LLC boosted its holdings in Invesco S&P 500 GARP ETF by 778.6% in the third quarter. Moisand Fitzgerald Tamayo LLC now owns 246 shares of the company’s stock valued at $26,000 after purchasing an additional 218 shares in the last quarter. Pineridge Advisors LLC acquired a new position in Invesco S&P 500 GARP ETF in the first quarter valued at approximately $31,000. Assetmark Inc. boosted its holdings in Invesco S&P 500 GARP ETF by 352.8% in the third quarter. Assetmark Inc. now owns 326 shares of the company’s stock valued at $34,000 after purchasing an additional 254 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in Invesco S&P 500 GARP ETF in the second quarter valued at approximately $35,000.

Invesco S&P 500 GARP ETF Stock Up 0.7 %

Shares of SPGP opened at $111.19 on Friday. The stock has a 50 day moving average price of $106.46 and a 200 day moving average price of $103.84. The company has a market capitalization of $5.29 billion, a price-to-earnings ratio of 15.92 and a beta of 0.97. Invesco S&P 500 GARP ETF has a 52-week low of $92.43 and a 52-week high of $111.34.

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.