Y Intercept Hong Kong Ltd Makes New Investment in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Y Intercept Hong Kong Ltd purchased a new stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 3,145 shares of the company’s stock, valued at approximately $329,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Moisand Fitzgerald Tamayo LLC grew its position in Invesco S&P 500 GARP ETF by 778.6% during the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 246 shares of the company’s stock worth $26,000 after acquiring an additional 218 shares during the last quarter. Assetmark Inc. boosted its stake in shares of Invesco S&P 500 GARP ETF by 352.8% during 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. International Assets Investment Management LLC bought a new stake in shares of Invesco S&P 500 GARP ETF during the second quarter worth about $37,000. EverSource Wealth Advisors LLC acquired a new position in shares of Invesco S&P 500 GARP ETF in the second quarter valued at approximately $39,000. Finally, National Bank of Canada FI raised its holdings in Invesco S&P 500 GARP ETF by 152.2% in the 2nd quarter. National Bank of Canada FI now owns 580 shares of the company’s stock valued at $59,000 after buying an additional 350 shares during the last quarter.

Invesco S&P 500 GARP ETF Price Performance

NYSEARCA:SPGP opened at $107.36 on Wednesday. Invesco S&P 500 GARP ETF has a one year low of $93.84 and a one year high of $112.90. The firm’s 50 day simple moving average is $108.66 and its 200 day simple moving average is $104.72. The company has a market cap of $5.11 billion, a PE ratio of 15.92 and a beta of 0.97.

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.