D.A. Davidson & CO. Sells 17,873 Shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

D.A. Davidson & CO. trimmed its position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 32.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,168 shares of the company’s stock after selling 17,873 shares during the period. D.A. Davidson & CO. owned approximately 0.08% of Invesco S&P 500 GARP ETF worth $3,898,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of SPGP. Assetmark Inc. lifted its holdings in shares of 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. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Invesco S&P 500 GARP ETF by 34.1% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 393 shares of the company’s stock valued at $41,000 after purchasing an additional 100 shares in the last quarter. Venturi Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 GARP ETF by 180.2% in the third quarter. Venturi Wealth Management LLC now owns 706 shares of the company’s stock valued at $74,000 after purchasing an additional 454 shares in the last quarter. Continuum Advisory LLC lifted its holdings in shares of Invesco S&P 500 GARP ETF by 6,852.9% in the third quarter. Continuum Advisory LLC now owns 1,182 shares of the company’s stock valued at $130,000 after purchasing an additional 1,165 shares in the last quarter. Finally, Sunbelt Securities Inc. bought a new stake in shares of Invesco S&P 500 GARP ETF in the third quarter valued at about $170,000.

Invesco S&P 500 GARP ETF Price Performance

Shares of Invesco S&P 500 GARP ETF stock opened at $108.62 on Friday. The firm has a market cap of $5.17 billion, a price-to-earnings ratio of 15.92 and a beta of 0.97. The stock’s 50-day moving average is $107.63 and its 200-day moving average is $106.20. Invesco S&P 500 GARP ETF has a one year low of $95.02 and a one year high of $112.90.

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.