BankPlus Wealth Management LLC Acquires Shares of 26,003 Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

BankPlus Wealth Management LLC bought a new position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 26,003 shares of the company’s stock, valued at approximately $2,727,000. Invesco S&P 500 GARP ETF accounts for 2.0% of BankPlus Wealth Management LLC’s portfolio, making the stock its 9th largest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Invesco S&P 500 GARP ETF by 34.1% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 393 shares of the company’s stock worth $41,000 after purchasing an additional 100 shares during the last quarter. Invst LLC boosted its holdings in Invesco S&P 500 GARP ETF by 13.8% during the second quarter. Invst LLC now owns 13,211 shares of the company’s stock worth $1,352,000 after buying an additional 1,603 shares during the last quarter. Glass Jacobson Investment Advisors llc boosted its holdings in Invesco S&P 500 GARP ETF by 8.9% during the third quarter. Glass Jacobson Investment Advisors llc now owns 3,020 shares of the company’s stock worth $316,000 after buying an additional 246 shares during the last quarter. Brookstone Capital Management grew its position in shares of Invesco S&P 500 GARP ETF by 96.5% during the 3rd quarter. Brookstone Capital Management now owns 6,329 shares of the company’s stock worth $662,000 after buying an additional 3,108 shares during the period. Finally, Raymond James Trust N.A. increased its stake in shares of Invesco S&P 500 GARP ETF by 24.5% in the 3rd quarter. Raymond James Trust N.A. now owns 2,768 shares of the company’s stock valued at $290,000 after acquiring an additional 545 shares during the last quarter.

Invesco S&P 500 GARP ETF Price Performance

Shares of NYSEARCA:SPGP opened at $109.95 on Tuesday. The firm’s 50 day simple moving average is $108.53 and its 200 day simple moving average is $105.56. Invesco S&P 500 GARP ETF has a fifty-two week low of $95.02 and a fifty-two week high of $112.90. The company has a market capitalization of $5.23 billion, a price-to-earnings 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.