The Invesco S&P 500 GARP ETF (SPGP) has experienced a significant outflow of approximately $536.9 million, representing a 17.9% decrease in shares outstanding, dropping from 26,080,000 to 21,410,000 week over week. This change reflects heightened volatility in investor sentiment surrounding the ETF.
Over the last year, SPGP’s stock has fluctuated between a low of $84.13 and a high of $116.375, with the most recent trading price at $114.59. The ETF’s performance can also be compared against its 200-day moving average, offering insights into its market position.
Key underlying components of SPGP, including Delta Air Lines Inc (DAL) trading flat, Host Hotels & Resorts Inc (HST) down by approximately 0.2%, and Airbnb Inc (ABNB) declining by about 0.7%, are also influenced by these notable outflows.
