Armstrong Advisory Group Inc. Boosts Stock Holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Armstrong Advisory Group Inc. lifted its holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 7.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 259,817 shares of the company’s stock after buying an additional 17,485 shares during the period. Invesco S&P 500 GARP ETF makes up 2.2% of Armstrong Advisory Group Inc.’s holdings, making the stock its 13th biggest position. Armstrong Advisory Group Inc.’s holdings in Invesco S&P 500 GARP ETF were worth $27,250,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Moisand Fitzgerald Tamayo LLC grew its holdings in shares of Invesco S&P 500 GARP ETF by 778.6% in the third quarter. Moisand Fitzgerald Tamayo LLC now owns 246 shares of the company’s stock valued at $26,000 after purchasing an additional 218 shares in the last quarter. Assetmark Inc. increased its stake in Invesco S&P 500 GARP ETF by 352.8% in the third quarter. Assetmark Inc. now owns 326 shares of the company’s stock valued at $34,000 after purchasing an additional 254 shares during the last quarter. EverSource Wealth Advisors LLC purchased a new stake in Invesco S&P 500 GARP ETF in the second quarter valued at $39,000. Thurston Springer Miller Herd & Titak Inc. grew its stake in Invesco S&P 500 GARP ETF by 34.1% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 393 shares of the company’s stock worth $41,000 after buying an additional 100 shares during the last quarter. Finally, Venturi Wealth Management LLC raised its position in Invesco S&P 500 GARP ETF by 180.2% in the 3rd quarter. Venturi Wealth Management LLC now owns 706 shares of the company’s stock valued at $74,000 after purchasing an additional 454 shares during the last quarter.

Invesco S&P 500 GARP ETF Trading Up 1.2 %

NYSEARCA:SPGP opened at $109.20 on Thursday. Invesco S&P 500 GARP ETF has a 12-month low of $93.84 and a 12-month high of $112.90. The firm has a market cap of $5.20 billion, a P/E ratio of 15.92 and a beta of 0.97. The stock’s 50 day simple moving average is $108.51 and its 200-day simple moving average is $105.11.

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.