Ring Mountain Capital LLC acquired a new stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 8,868 shares of the company’s stock, valued at approximately $930,000. Invesco S&P 500 GARP ETF makes up 0.6% of Ring Mountain Capital LLC’s investment portfolio, making the stock its 29th largest position.
Several other hedge funds have also recently bought and sold shares of SPGP. Grange Capital LLC purchased a new position in Invesco S&P 500 GARP ETF in the 4th quarter valued at approximately $17,245,000. Sovran Advisors LLC purchased a new position in Invesco S&P 500 GARP ETF in the 4th quarter valued at approximately $6,013,000. HighTower Advisors LLC increased its stake in Invesco S&P 500 GARP ETF by 22.6% in the 3rd quarter. HighTower Advisors LLC now owns 239,668 shares of the company’s stock valued at $25,084,000 after purchasing an additional 44,237 shares in the last quarter. Howard Financial Services LTD. increased its stake in Invesco S&P 500 GARP ETF by 12.9% in the 4th quarter. Howard Financial Services LTD. now owns 311,312 shares of the company’s stock valued at $32,650,000 after purchasing an additional 35,495 shares in the last quarter. Finally, Genesis Private Wealth LLC purchased a new position in Invesco S&P 500 GARP ETF in the 4th quarter valued at approximately $2,939,000.
Invesco S&P 500 GARP ETF Price Performance
NYSEARCA SPGP opened at $102.67 on Tuesday. The business has a 50 day moving average price of $107.48 and a 200 day moving average price of $106.61. The company has a market capitalization of $3.51 billion, a P/E ratio of 14.09 and a beta of 1.09. 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.
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