D Orazio & Associates Inc. increased its position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP – Free Report) by 9.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 260,856 shares of the company’s stock after purchasing an additional 22,927 shares during the quarter. Invesco S&P 500 GARP ETF makes up approximately 4.1% of D Orazio & Associates Inc.’s investment portfolio, making the stock its 8th largest position. D Orazio & Associates Inc. owned about 0.55% of Invesco S&P 500 GARP ETF worth $26,811,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in the stock. LPL Financial LLC boosted its position in shares of Invesco S&P 500 GARP ETF by 3.1% during the 2nd quarter. LPL Financial LLC now owns 3,639,864 shares of the company’s stock valued at $374,105,000 after acquiring an additional 109,896 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Invesco S&P 500 GARP ETF by 49.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 1,952,588 shares of the company’s stock worth $191,432,000 after purchasing an additional 643,044 shares during the period. Raymond James Financial Services Advisors Inc. raised its stake in Invesco S&P 500 GARP ETF by 18.7% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,388,101 shares of the company’s stock worth $142,669,000 after purchasing an additional 218,760 shares during the period. Fifth Third Bancorp raised its stake in Invesco S&P 500 GARP ETF by 1.4% during the second quarter. Fifth Third Bancorp now owns 1,314,431 shares of the company’s stock worth $135,097,000 after purchasing an additional 17,717 shares during the period. Finally, Retirement Planning Group LLC raised its stake in Invesco S&P 500 GARP ETF by 2.5% during the second quarter. Retirement Planning Group LLC now owns 1,256,364 shares of the company’s stock worth $129,129,000 after purchasing an additional 31,185 shares during the period.
Invesco S&P 500 GARP ETF Price Performance
Shares of SPGP stock opened at $99.29 on Thursday. The firm’s 50-day moving average is $101.96 and its two-hundred day moving average is $102.69. Invesco S&P 500 GARP ETF has a 12 month low of $86.16 and a 12 month high of $107.06. The company has a market capitalization of $4.72 billion, a PE ratio of 15.92 and a beta of 0.97.
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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