Financial Advocates Investment Management Reduces Holdings in Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM)

Financial Advocates Investment Management lowered its stake in shares of Invesco S&P MidCap 400 GARP ETF (NYSEARCA:GRPM) by 14.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,064 shares of the company’s stock after selling 1,589 shares during the quarter. Financial Advocates Investment Management owned about 0.26% of Invesco S&P MidCap 400 GARP ETF worth $1,022,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. FMR LLC boosted its holdings in shares of Invesco S&P MidCap 400 GARP ETF by 106.3% during the 3rd quarter. FMR LLC now owns 555 shares of the company’s stock valued at $65,000 after buying an additional 286 shares in the last quarter. Glass Jacobson Investment Advisors llc boosted its stake in Invesco S&P MidCap 400 GARP ETF by 772.3% during the third quarter. Glass Jacobson Investment Advisors llc now owns 567 shares of the company’s stock worth $66,000 after acquiring an additional 502 shares in the last quarter. Creative Financial Designs Inc. ADV grew its holdings in Invesco S&P MidCap 400 GARP ETF by 121.4% in the third quarter. Creative Financial Designs Inc. ADV now owns 1,302 shares of the company’s stock worth $152,000 after purchasing an additional 714 shares during the period. Embree Financial Group bought a new position in shares of Invesco S&P MidCap 400 GARP ETF during the fourth quarter valued at approximately $253,000. Finally, Townsquare Capital LLC purchased a new position in shares of Invesco S&P MidCap 400 GARP ETF during the third quarter valued at approximately $264,000.

Invesco S&P MidCap 400 GARP ETF Stock Down 1.4 %

Invesco S&P MidCap 400 GARP ETF stock opened at $112.51 on Friday. Invesco S&P MidCap 400 GARP ETF has a twelve month low of $100.97 and a twelve month high of $127.48. The company has a market capitalization of $391.53 million, a P/E ratio of 11.81 and a beta of 1.14. The stock’s 50 day moving average is $116.37 and its 200 day moving average is $116.75.

About Invesco S&P MidCap 400 GARP ETF

The Invesco S&P MidCap 400 GARP ETF (GRPM) is an exchange-traded fund that is based on the S&P MidCap 400 GARP index. The fund tracks an index of US mid-cap growth stocks with perceived quality and value characteristics. GRPM was launched on Dec 8, 2010 and is issued by Invesco.