Concurrent Investment Advisors LLC Cuts Stake in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM)

Concurrent Investment Advisors LLC reduced its holdings in shares of Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 1.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,117 shares of the company’s stock after selling 247 shares during the period. Concurrent Investment Advisors LLC owned about 0.43% of Invesco S&P MidCap 400 GARP ETF worth $1,704,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. FMR LLC increased its position in shares of Invesco S&P MidCap 400 GARP ETF by 106.3% in the 3rd quarter. FMR LLC now owns 555 shares of the company’s stock valued at $65,000 after purchasing an additional 286 shares during the last quarter. Foundations Investment Advisors LLC increased its position in shares of Invesco S&P MidCap 400 GARP ETF by 35.9% in the 3rd quarter. Foundations Investment Advisors LLC now owns 2,504 shares of the company’s stock valued at $293,000 after purchasing an additional 662 shares during the last quarter. Sigma Planning Corp increased its position in shares of Invesco S&P MidCap 400 GARP ETF by 97.0% in the 3rd quarter. Sigma Planning Corp now owns 13,732 shares of the company’s stock valued at $1,608,000 after purchasing an additional 6,763 shares during the last quarter. Private Advisor Group LLC increased its position in shares of Invesco S&P MidCap 400 GARP ETF by 11.1% in the 3rd quarter. Private Advisor Group LLC now owns 27,474 shares of the company’s stock valued at $3,217,000 after purchasing an additional 2,736 shares during the last quarter. Finally, Townsquare Capital LLC purchased a new stake in shares of Invesco S&P MidCap 400 GARP ETF in the 3rd quarter valued at approximately $264,000.

Invesco S&P MidCap 400 GARP ETF Trading Down 1.9 %

Shares of NYSEARCA:GRPM opened at $110.39 on Friday. Invesco S&P MidCap 400 GARP ETF has a 52 week low of $106.71 and a 52 week high of $127.48. The company’s 50 day moving average is $114.16 and its two-hundred day moving average is $116.29. The company has a market cap of $384.16 million, a PE ratio of 11.81 and a beta of 1.14.

About Invesco S&P MidCap 400 GARP ETF

The Invesco S&P MidCap 400 GARP ETF (GRPM) is an exchange-traded fund that is based on the S&P MidCap 400 GARP index. The fund tracks an index of US mid-cap growth stocks with perceived quality and value characteristics. GRPM was launched on Dec 8, 2010 and is issued by Invesco.