Liberty One Investment Management LLC Decreases Holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Liberty One Investment Management LLC trimmed its holdings in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 2.5% during the fourth quarter, HoldingsChannel reports. The firm owned 68,152 shares of the company’s stock after selling 1,777 shares during the quarter. Invesco S&P 500 GARP ETF accounts for about 0.8% of Liberty One Investment Management LLC’s investment portfolio, making the stock its 29th biggest holding. Liberty One Investment Management LLC’s holdings in Invesco S&P 500 GARP ETF were worth $7,148,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPGP. Retirement Planning Group LLC grew its position in shares of Invesco S&P 500 GARP ETF by 1.0% during the 3rd quarter. Retirement Planning Group LLC now owns 1,269,426 shares of the company’s stock valued at $132,871,000 after purchasing an additional 13,062 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Invesco S&P 500 GARP ETF by 11.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 782,377 shares of the company’s stock valued at $80,414,000 after purchasing an additional 77,616 shares during the last quarter. Raymond James & Associates increased its holdings in shares of Invesco S&P 500 GARP ETF by 8.6% in the third quarter. Raymond James & Associates now owns 428,511 shares of the company’s stock worth $44,852,000 after buying an additional 33,934 shares during the period. Howard Financial Services LTD. increased its stake in Invesco S&P 500 GARP ETF by 12.9% in the 4th quarter. Howard Financial Services LTD. now owns 311,312 shares of the company’s stock worth $32,650,000 after purchasing an additional 35,495 shares during the period. Finally, Armstrong Advisory Group Inc. increased its stake in shares of Invesco S&P 500 GARP ETF by 7.2% in the fourth quarter. Armstrong Advisory Group Inc. now owns 259,817 shares of the company’s stock worth $27,250,000 after buying an additional 17,485 shares during the period.

Invesco S&P 500 GARP ETF Trading Up 0.6 %

Shares of NYSEARCA:SPGP opened at $110.22 on Friday. The company has a 50-day moving average price of $108.45 and a 200-day moving average price of $105.22. The company has a market cap of $5.24 billion, a price-to-earnings ratio of 15.92 and a beta of 0.97. Invesco S&P 500 GARP ETF has a 12 month low of $93.91 and a 12 month high of $112.90.

Invesco S&P 500 GARP ETF 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.