Hobbs Group Advisors LLC Acquires New Holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Hobbs Group Advisors LLC bought a new position in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGPFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 34,872 shares of the company’s stock, valued at approximately $3,419,000. Invesco S&P 500 GARP ETF accounts for about 1.5% of Hobbs Group Advisors LLC’s holdings, making the stock its 14th biggest holding. Hobbs Group Advisors LLC owned 0.10% of Invesco S&P 500 GARP ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Venturi Wealth Management LLC purchased a new stake in Invesco S&P 500 GARP ETF during the 4th quarter worth about $25,000. Thompson Investment Management Inc. acquired a new stake in Invesco S&P 500 GARP ETF during the 4th quarter worth $35,000. HBC Financial Services PLLC raised its position in Invesco S&P 500 GARP ETF by 31.4% during the 4th quarter. HBC Financial Services PLLC now owns 460 shares of the company’s stock worth $45,000 after buying an additional 110 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in shares of Invesco S&P 500 GARP ETF in the 4th quarter valued at about $206,000. Finally, Private Client Services LLC purchased a new position in shares of Invesco S&P 500 GARP ETF in the 4th quarter valued at about $227,000.

Invesco S&P 500 GARP ETF Trading Down 0.6 %

Shares of Invesco S&P 500 GARP ETF stock traded down $0.61 during mid-day trading on Friday, hitting $102.49. 101,487 shares of the stock were exchanged, compared to its average volume of 305,347. Invesco S&P 500 GARP ETF has a twelve month low of $86.16 and a twelve month high of $107.06. The stock has a market capitalization of $4.88 billion, a price-to-earnings ratio of 15.92 and a beta of 0.97. The company has a 50-day simple moving average of $102.83 and a 200 day simple moving average of $100.16.

About Invesco S&P 500 GARP ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

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