Andina Capital Management LLC Purchases Shares of 17,605 Invesco S&P 500 GARP ETF (NYSEARCA:SPGP)

Andina Capital Management LLC purchased a new stake in shares of Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 17,605 shares of the company’s stock, valued at approximately $1,726,000. Invesco S&P 500 GARP ETF makes up 1.5% of Andina Capital Management LLC’s investment portfolio, making the stock its 18th biggest position. Andina Capital Management LLC owned 0.05% of Invesco S&P 500 GARP ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPGP. Cozad Asset Management Inc. grew its stake in shares of Invesco S&P 500 GARP ETF by 16.1% in the 4th quarter. Cozad Asset Management Inc. now owns 68,115 shares of the company’s stock worth $6,678,000 after acquiring an additional 9,431 shares in the last quarter. Avaii Wealth Management LLC grew its stake in shares of Invesco S&P 500 GARP ETF by 13.8% in the 4th quarter. Avaii Wealth Management LLC now owns 66,217 shares of the company’s stock worth $6,492,000 after acquiring an additional 8,013 shares in the last quarter. Magnus Financial Group LLC grew its stake in shares of Invesco S&P 500 GARP ETF by 7.4% in the 4th quarter. Magnus Financial Group LLC now owns 13,166 shares of the company’s stock worth $1,291,000 after acquiring an additional 906 shares in the last quarter. Principle Wealth Partners LLC grew its stake in shares of Invesco S&P 500 GARP ETF by 34.7% in the 4th quarter. Principle Wealth Partners LLC now owns 84,415 shares of the company’s stock worth $8,276,000 after acquiring an additional 21,736 shares in the last quarter. Finally, Transcend Capital Advisors LLC grew its stake in shares of Invesco S&P 500 GARP ETF by 59.6% in the 4th quarter. Transcend Capital Advisors LLC now owns 12,419 shares of the company’s stock worth $1,218,000 after acquiring an additional 4,639 shares in the last quarter.

Invesco S&P 500 GARP ETF Price Performance

Shares of NYSEARCA SPGP traded down $1.04 during trading on Wednesday, hitting $99.37. The stock had a trading volume of 140,140 shares, compared to its average volume of 331,457. 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 market capitalization of $4.70 billion, a PE ratio of 15.56 and a beta of 0.96. The firm has a fifty day moving average of $103.04 and a two-hundred day moving average of $97.49.

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.