Sovran Advisors LLC Buys Shares of 55,721 Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Sovran Advisors LLC bought a new stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 55,721 shares of the company’s stock, valued at approximately $6,013,000. Invesco S&P 500 GARP ETF accounts for about 0.9% of Sovran Advisors LLC’s holdings, making the stock its 27th biggest holding. Sovran Advisors LLC owned about 0.12% of Invesco S&P 500 GARP ETF at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Assetmark Inc. increased its holdings in Invesco S&P 500 GARP ETF by 352.8% in the 3rd quarter. Assetmark Inc. now owns 326 shares of the company’s stock valued at $34,000 after buying an additional 254 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Invesco S&P 500 GARP ETF by 34.1% during the 4th 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 during the last quarter. Venturi Wealth Management LLC grew its holdings in shares of Invesco S&P 500 GARP ETF by 180.2% during the 3rd quarter. Venturi Wealth Management LLC now owns 706 shares of the company’s stock valued at $74,000 after purchasing an additional 454 shares during the last quarter. Continuum Advisory LLC grew its holdings in shares of Invesco S&P 500 GARP ETF by 6,852.9% during the 3rd 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 during the last quarter. Finally, Sunbelt Securities Inc. bought a new stake in shares of Invesco S&P 500 GARP ETF during the 3rd quarter valued at approximately $170,000.

Invesco S&P 500 GARP ETF Trading Up 0.6 %

Shares of Invesco S&P 500 GARP ETF stock opened at $108.31 on Tuesday. The firm has a market capitalization of $5.15 billion, a PE ratio of 15.92 and a beta of 0.97. The firm’s 50 day moving average is $108.14 and its 200 day moving average is $105.90. Invesco S&P 500 GARP ETF has a 1 year low of $95.02 and a 1 year high of $112.90.

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.