Harbour Investments Inc. Reduces Holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Harbour Investments Inc. reduced its holdings in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 77.2% in the third quarter, Holdings Channel reports. The institutional investor owned 4,927 shares of the company’s stock after selling 16,691 shares during the period. Harbour Investments Inc.’s holdings in Invesco S&P 500 GARP ETF were worth $516,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in SPGP. Raymond James Financial Services Advisors Inc. grew its stake in shares of Invesco S&P 500 GARP ETF by 18.7% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,388,101 shares of the company’s stock valued at $142,669,000 after acquiring an additional 218,760 shares during the period. Investment Planning Advisors Inc. purchased a new position in Invesco S&P 500 GARP ETF during the second quarter valued at approximately $12,650,000. Sanctuary Advisors LLC bought a new position in shares of Invesco S&P 500 GARP ETF in the second quarter worth approximately $12,091,000. LPL Financial LLC increased its stake in shares of Invesco S&P 500 GARP ETF by 3.1% in the second quarter. LPL Financial LLC now owns 3,639,864 shares of the company’s stock worth $374,105,000 after purchasing an additional 109,896 shares in the last quarter. Finally, Flagship Harbor Advisors LLC bought a new stake in shares of Invesco S&P 500 GARP ETF during the 3rd quarter valued at $9,526,000.

Invesco S&P 500 GARP ETF Stock Performance

Shares of Invesco S&P 500 GARP ETF stock opened at $108.81 on Friday. Invesco S&P 500 GARP ETF has a fifty-two week low of $91.50 and a fifty-two week high of $111.19. The company has a market capitalization of $5.18 billion, a P/E ratio of 15.92 and a beta of 0.97. The company has a fifty day moving average of $105.49 and a 200 day moving average of $103.55.

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.