Optivise Advisory Services LLC Acquires Shares of 10,714 Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Optivise Advisory Services LLC bought a new position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 10,714 shares of the company’s stock, valued at approximately $1,121,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brookstone Capital Management purchased a new stake in Invesco S&P 500 GARP ETF during the 2nd quarter worth about $339,000. Cozad Asset Management Inc. boosted its position in shares of Invesco S&P 500 GARP ETF by 5.1% in the second quarter. Cozad Asset Management Inc. now owns 69,322 shares of the company’s stock valued at $7,125,000 after acquiring an additional 3,359 shares during the period. Belpointe Asset Management LLC grew its stake in Invesco S&P 500 GARP ETF by 13.3% during the second quarter. Belpointe Asset Management LLC now owns 7,985 shares of the company’s stock valued at $821,000 after acquiring an additional 939 shares in the last quarter. CWM LLC lifted its stake in Invesco S&P 500 GARP ETF by 6.6% in the 2nd quarter. CWM LLC now owns 9,181 shares of the company’s stock worth $944,000 after purchasing an additional 568 shares in the last quarter. Finally, Invst LLC boosted its holdings in Invesco S&P 500 GARP ETF by 13.8% in the 2nd quarter. Invst LLC now owns 13,211 shares of the company’s stock valued at $1,352,000 after purchasing an additional 1,603 shares during the period.

Invesco S&P 500 GARP ETF Stock Performance

Invesco S&P 500 GARP ETF stock opened at $111.19 on Friday. Invesco S&P 500 GARP ETF has a fifty-two week low of $92.43 and a fifty-two week high of $111.34. The stock has a market cap of $5.29 billion, a P/E ratio of 15.92 and a beta of 0.97. The firm’s fifty day moving average price is $106.46 and its 200-day moving average price is $103.84.

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.