Cedar Wealth Management LLC Has $15.15 Million Stock Position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Cedar Wealth Management LLC boosted its holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 0.1% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 144,766 shares of the company’s stock after acquiring an additional 175 shares during the period. Invesco S&P 500 GARP ETF comprises about 4.7% of Cedar Wealth Management LLC’s investment portfolio, making the stock its 7th biggest holding. Cedar Wealth Management LLC owned about 0.30% of Invesco S&P 500 GARP ETF worth $15,153,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC bought a new position in shares of Invesco S&P 500 GARP ETF during the second quarter worth about $25,000. Moisand Fitzgerald Tamayo LLC grew its position in Invesco S&P 500 GARP ETF by 778.6% in the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 246 shares of the company’s stock worth $26,000 after purchasing an additional 218 shares during the last quarter. Pineridge Advisors LLC acquired a new stake in shares of Invesco S&P 500 GARP ETF in the first quarter valued at approximately $31,000. Assetmark Inc. increased its stake 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 during the period. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Invesco S&P 500 GARP ETF during the second quarter valued at approximately $35,000.

Invesco S&P 500 GARP ETF Trading Down 0.4 %

Shares of NYSEARCA SPGP opened at $108.67 on Wednesday. Invesco S&P 500 GARP ETF has a 12-month low of $92.26 and a 12-month high of $111.19. The company has a market cap of $5.17 billion, a PE ratio of 15.92 and a beta of 0.97. The stock has a 50 day simple moving average of $105.86 and a 200-day simple moving average of $103.70.

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.