Calton & Associates Inc. Has $2.58 Million Stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Calton & Associates Inc. lifted its position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 27.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,663 shares of the company’s stock after purchasing an additional 5,291 shares during the period. Invesco S&P 500 GARP ETF accounts for approximately 1.0% of Calton & Associates Inc.’s investment portfolio, making the stock its 23rd biggest holding. Calton & Associates Inc. owned approximately 0.05% of Invesco S&P 500 GARP ETF worth $2,582,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. WealthTrust Asset Management LLC grew its position in shares of Invesco S&P 500 GARP ETF by 4.1% in the 2nd quarter. WealthTrust Asset Management LLC now owns 2,767 shares of the company’s stock valued at $284,000 after buying an additional 108 shares during the last quarter. Fifth Third Wealth Advisors LLC raised its stake in shares of Invesco S&P 500 GARP ETF by 5.0% in the first quarter. Fifth Third Wealth Advisors LLC now owns 2,610 shares of the company’s stock worth $278,000 after purchasing an additional 125 shares during the last quarter. Concurrent Investment Advisors LLC raised its stake in shares of Invesco S&P 500 GARP ETF by 6.4% in the second quarter. Concurrent Investment Advisors LLC now owns 2,245 shares of the company’s stock worth $231,000 after purchasing an additional 135 shares during the last quarter. EP Wealth Advisors LLC increased its position in shares of Invesco S&P 500 GARP ETF by 7.2% during the second quarter. EP Wealth Advisors LLC now owns 2,104 shares of the company’s stock valued at $216,000 after acquiring an additional 142 shares during the last quarter. Finally, ERn Financial LLC increased its position in shares of Invesco S&P 500 GARP ETF by 0.6% during the second quarter. ERn Financial LLC now owns 31,821 shares of the company’s stock valued at $3,271,000 after acquiring an additional 185 shares during the last quarter.

Invesco S&P 500 GARP ETF Stock Down 1.2 %

SPGP traded down $1.28 on Tuesday, hitting $105.30. The company’s stock had a trading volume of 17,787 shares, compared to its average volume of 289,322. Invesco S&P 500 GARP ETF has a 12 month low of $86.16 and a 12 month high of $107.83. The firm has a market cap of $5.01 billion, a P/E ratio of 15.92 and a beta of 0.97. The company’s 50 day simple moving average is $103.54 and its 200-day simple moving average is $102.92.

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.