Kovack Advisors Inc. Buys 673 Shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Kovack Advisors Inc. grew its holdings in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 12.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,228 shares of the company’s stock after purchasing an additional 673 shares during the quarter. Kovack Advisors Inc.’s holdings in Invesco S&P 500 GARP ETF were worth $611,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Venturi Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 GARP ETF during the 4th quarter valued at $25,000. JFS Wealth Advisors LLC purchased a new stake in shares of Invesco S&P 500 GARP ETF during the 3rd quarter valued at $26,000. Signaturefd LLC purchased a new stake in shares of Invesco S&P 500 GARP ETF during the 3rd quarter valued at $31,000. HBC Financial Services PLLC purchased a new stake in shares of Invesco S&P 500 GARP ETF during the 3rd quarter valued at $31,000. Finally, Thompson Investment Management Inc. purchased a new stake in shares of Invesco S&P 500 GARP ETF during the 4th quarter valued at $35,000.

Invesco S&P 500 GARP ETF Stock Performance

Shares of SPGP opened at $102.11 on Friday. The business has a 50-day moving average of $102.92 and a 200 day moving average of $97.32. Invesco S&P 500 GARP ETF has a fifty-two week low of $83.52 and a fifty-two week high of $107.06. The firm has a market cap of $4.80 billion, a P/E ratio of 15.75 and a beta of 0.98.

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.