Strategic Blueprint LLC Expands Its Invesco S&P 500 GARP ETF Holdings Significantly

Strategic Blueprint LLC has notably increased its investment in the Invesco S&P 500 GARP ETF (NYSEARCA:SPGP), a strategic move observed in its latest filing with the Securities and Exchange Commission (SEC). The firm's holdings in the ETF surged by 94.6% in the third quarter, bringing its total share count to 36,204 after purchasing an additional 17,601 shares.

Investor Activity in SPGP Shares

The acquisition has rendered Strategic Blueprint LLC owner of approximately 0.11% of the ETF, which had a market value of approximately $3.3 million by the end of the reported quarter. This uptick is part of a broader trend among institutional investors in modifying their positions in SPGP shares. Other key investors include Hudock Inc., which raised its stake by 3.8% during the second quarter, AE Wealth Management LLC by 3.7% in the third quarter, Investors Research Corp by 2.6% during the second quarter, CreativeOne Wealth LLC by 6.1% in the third quarter, and Ameritas Advisory Services LLC which saw a 6.2% increase in the second quarter.

Performance and Profile of SPGP

The ETF itself experienced a slight increase in its stock, climbing 0.6% to reach $98.89 during one of the trading sessions, showcasing a steady performance. The ETF, known for its selection of S&P 500 stocks based on growth, quality, and value traits, maintains a fifty-day moving average of $92.43 and a two-hundred-day moving average of $92.25. Since its inception on June 16, 2011, Invesco S&P 500 GARP ETF, overseen by Invesco, has sought to provide a unique take on the market, blending growth and value investing strategies.

Strategic, Blueprint, Expansion