Jones Financial Companies Lllp Boosts Stake in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM)

Jones Financial Companies Lllp lifted its holdings in shares of Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 83.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 58,087 shares of the company’s stock after acquiring an additional 26,492 shares during the quarter. Jones Financial Companies Lllp owned 1.67% of Invesco S&P MidCap 400 GARP ETF worth $6,549,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of GRPM. FMR LLC grew its stake in Invesco S&P MidCap 400 GARP ETF by 106.3% during the 3rd quarter. FMR LLC now owns 555 shares of the company’s stock valued at $65,000 after purchasing an additional 286 shares in the last quarter. Glass Jacobson Investment Advisors llc grew its position in shares of Invesco S&P MidCap 400 GARP ETF by 772.3% during the third quarter. Glass Jacobson Investment Advisors llc now owns 567 shares of the company’s stock worth $66,000 after buying an additional 502 shares in the last quarter. Global Retirement Partners LLC increased its stake in shares of Invesco S&P MidCap 400 GARP ETF by 186.5% in the fourth quarter. Global Retirement Partners LLC now owns 596 shares of the company’s stock worth $67,000 after buying an additional 388 shares during the last quarter. Creative Financial Designs Inc. ADV raised its holdings in Invesco S&P MidCap 400 GARP ETF by 121.4% in the third quarter. Creative Financial Designs Inc. ADV now owns 1,302 shares of the company’s stock valued at $152,000 after acquiring an additional 714 shares in the last quarter. Finally, Compass Capital Corp MA ADV bought a new position in Invesco S&P MidCap 400 GARP ETF during the 4th quarter valued at $220,000.

Invesco S&P MidCap 400 GARP ETF Price Performance

Shares of GRPM stock opened at $104.86 on Tuesday. The firm has a fifty day moving average of $113.52 and a two-hundred day moving average of $116.23. The firm has a market cap of $364.91 million, a P/E ratio of 11.81 and a beta of 1.14. Invesco S&P MidCap 400 GARP ETF has a 1-year low of $104.24 and a 1-year high of $127.48.

Invesco S&P MidCap 400 GARP ETF Company Profile

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.