Fiduciary Trust Co Purchases New Position in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Fiduciary Trust Co acquired a new position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,094 shares of the company’s stock, valued at approximately $219,000.

A number of other institutional investors also recently made changes to their positions in SPGP. LPL Financial LLC lifted its holdings in 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 worth $374,105,000 after purchasing an additional 109,896 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in shares of Invesco S&P 500 GARP ETF by 18.7% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,388,101 shares of the company’s stock valued at $142,669,000 after acquiring an additional 218,760 shares during the period. Fifth Third Bancorp boosted its position in shares of Invesco S&P 500 GARP ETF by 1.4% in the second quarter. Fifth Third Bancorp now owns 1,314,431 shares of the company’s stock valued at $135,097,000 after acquiring an additional 17,717 shares during the period. Retirement Planning Group LLC grew its stake in shares of Invesco S&P 500 GARP ETF by 1.0% in the third quarter. Retirement Planning Group LLC now owns 1,269,426 shares of the company’s stock valued at $132,871,000 after acquiring an additional 13,062 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in Invesco S&P 500 GARP ETF by 11.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 782,377 shares of the company’s stock worth $80,414,000 after acquiring an additional 77,616 shares during the period.

Invesco S&P 500 GARP ETF Stock Up 0.6 %

NYSEARCA SPGP opened at $112.45 on Monday. The firm has a 50-day moving average price of $107.33 and a two-hundred day moving average price of $104.16. Invesco S&P 500 GARP ETF has a 12-month low of $92.43 and a 12-month high of $112.83. The company has a market capitalization of $5.35 billion, a P/E ratio of 15.92 and a beta of 0.97.

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.