Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) Shares Sold by Cedar Wealth Management LLC

Cedar Wealth Management LLC decreased its holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 0.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 144,657 shares of the company’s stock after selling 109 shares during the quarter. Invesco S&P 500 GARP ETF accounts for approximately 5.5% of Cedar Wealth Management LLC’s holdings, making the stock its 7th biggest holding. Cedar Wealth Management LLC’s holdings in Invesco S&P 500 GARP ETF were worth $15,172,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of Invesco S&P 500 GARP ETF by 34.1% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 393 shares of the company’s stock worth $41,000 after purchasing an additional 100 shares in the last quarter. Synergy Investment Management LLC acquired a new stake in shares of Invesco S&P 500 GARP ETF during the 4th quarter worth about $42,000. Assetmark Inc. increased its position in shares of Invesco S&P 500 GARP ETF by 86.2% during the 4th quarter. Assetmark Inc. now owns 607 shares of the company’s stock worth $64,000 after purchasing an additional 281 shares in the last quarter. SRS Capital Advisors Inc. acquired a new stake in shares of Invesco S&P 500 GARP ETF during the 4th quarter worth about $102,000. Finally, Sandy Spring Bank increased its position in shares of Invesco S&P 500 GARP ETF by 117.0% during the 4th quarter. Sandy Spring Bank now owns 1,126 shares of the company’s stock worth $118,000 after purchasing an additional 607 shares in the last quarter.

Invesco S&P 500 GARP ETF Stock Down 0.7 %

Shares of Invesco S&P 500 GARP ETF stock opened at $100.16 on Friday. The stock has a market capitalization of $3.34 billion, a P/E ratio of 15.02 and a beta of 1.10. The company has a 50-day simple moving average of $105.91 and a 200 day simple moving average of $106.28. Invesco S&P 500 GARP ETF has a 12-month low of $95.02 and a 12-month high of $112.90.

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.