Nwam LLC Purchases New Shares in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Nwam LLC purchased a new stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 21,737 shares of the company’s stock, valued at approximately $2,275,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Trust N.A. boosted its stake in Invesco S&P 500 GARP ETF by 24.5% during the 3rd quarter. Raymond James Trust N.A. now owns 2,768 shares of the company’s stock worth $290,000 after purchasing an additional 545 shares during the last quarter. Darwin Wealth Management LLC boosted its stake in Invesco S&P 500 GARP ETF by 8.2% during the 3rd quarter. Darwin Wealth Management LLC now owns 2,285 shares of the company’s stock worth $239,000 after purchasing an additional 173 shares during the last quarter. CAP Partners LLC boosted its stake in Invesco S&P 500 GARP ETF by 7.6% during the 3rd quarter. CAP Partners LLC now owns 16,802 shares of the company’s stock worth $1,759,000 after purchasing an additional 1,185 shares during the last quarter. TrinityPoint Wealth LLC boosted its stake in Invesco S&P 500 GARP ETF by 21.1% during the 3rd quarter. TrinityPoint Wealth LLC now owns 160,391 shares of the company’s stock worth $16,788,000 after purchasing an additional 27,917 shares during the last quarter. Finally, Schrum Private Wealth Management LLC boosted its stake in Invesco S&P 500 GARP ETF by 100.0% during the 3rd quarter. Schrum Private Wealth Management LLC now owns 12,482 shares of the company’s stock worth $1,306,000 after purchasing an additional 6,241 shares during the last quarter.

Invesco S&P 500 GARP ETF Stock Up 0.7 %

Shares of SPGP opened at $111.19 on Friday. Invesco S&P 500 GARP ETF has a 52-week low of $92.43 and a 52-week high of $111.34. The firm’s fifty day moving average is $106.46 and its two-hundred day moving average is $103.84. The stock has a market cap of $5.29 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.