Coulter & Justus Financial Services LLC Has $2.18 Million Stake in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Coulter & Justus Financial Services LLC raised its stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 26.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,272 shares of the company’s stock after buying an additional 4,673 shares during the period. Invesco S&P 500 GARP ETF comprises about 1.5% of Coulter & Justus Financial Services LLC’s investment portfolio, making the stock its 14th biggest holding. Coulter & Justus Financial Services LLC owned 0.06% of Invesco S&P 500 GARP ETF worth $2,184,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. LPL Financial LLC raised its holdings in shares of Invesco S&P 500 GARP ETF by 50.1% during the 3rd quarter. LPL Financial LLC now owns 2,670,278 shares of the company’s stock valued at $243,636,000 after purchasing an additional 891,343 shares in the last quarter. Morgan Stanley raised its holdings in Invesco S&P 500 GARP ETF by 20.0% in the 3rd quarter. Morgan Stanley now owns 4,986,125 shares of the company’s stock worth $454,934,000 after acquiring an additional 832,388 shares during the period. Envestnet Asset Management Inc. raised its holdings in Invesco S&P 500 GARP ETF by 30.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,309,544 shares of the company’s stock worth $119,483,000 after acquiring an additional 306,394 shares during the period. Stratos Wealth Partners LTD. raised its holdings in Invesco S&P 500 GARP ETF by 1,149.9% in the 4th quarter. Stratos Wealth Partners LTD. now owns 170,634 shares of the company’s stock worth $16,729,000 after acquiring an additional 156,982 shares during the period. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in Invesco S&P 500 GARP ETF by 15.0% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 1,165,962 shares of the company’s stock worth $114,311,000 after acquiring an additional 151,991 shares during the period.

Invesco S&P 500 GARP ETF Trading Up 0.9 %

SPGP traded up $0.89 during trading on Thursday, hitting $100.21. The stock had a trading volume of 326,738 shares, compared to its average volume of 334,184. The firm has a market cap of $4.73 billion, a PE ratio of 15.56 and a beta of 0.96. Invesco S&P 500 GARP ETF has a 12 month low of $83.52 and a 12 month high of $107.06. The company has a 50 day simple moving average of $103.04 and a 200-day simple moving average of $97.51.

Invesco S&P 500 GARP ETF Company 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.