Andina Capital Management LLC Has $971,000 Holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Andina Capital Management LLC lowered its holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 9.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,279 shares of the company’s stock after selling 978 shares during the period. Andina Capital Management LLC’s holdings in Invesco S&P 500 GARP ETF were worth $971,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. GAMMA Investing LLC purchased a new position in shares of Invesco S&P 500 GARP ETF during the 2nd quarter valued at $25,000. Moisand Fitzgerald Tamayo LLC boosted its holdings in shares of Invesco S&P 500 GARP ETF by 778.6% during the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 246 shares of the company’s stock worth $26,000 after buying an additional 218 shares during the period. Pineridge Advisors LLC acquired a new stake in shares of Invesco S&P 500 GARP ETF in the first quarter valued at about $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Invesco S&P 500 GARP ETF during the 2nd quarter worth about $35,000. Finally, International Assets Investment Management LLC acquired a new stake in Invesco S&P 500 GARP ETF in the 2nd quarter valued at approximately $37,000.

Invesco S&P 500 GARP ETF Stock Down 0.4 %

Invesco S&P 500 GARP ETF stock traded down $0.45 during mid-day trading on Tuesday, reaching $105.51. The company had a trading volume of 157,555 shares, compared to its average volume of 287,263. Invesco S&P 500 GARP ETF has a 52 week low of $86.16 and a 52 week high of $107.83. The firm has a market cap of $5.02 billion, a price-to-earnings ratio of 15.92 and a beta of 0.97. The company has a 50 day moving average of $103.91 and a 200-day moving average of $102.91.

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.