Synovus Financial Corp Sells 6,631 Shares of Invesco S&P 500 GARP ETF $SPGP

Synovus Financial Corp cut its holdings in Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) by 73.6% in the third quarter, HoldingsChannel reports. The firm owned 2,379 shares of the company’s stock after selling 6,631 shares during the quarter. Synovus Financial Corp’s holdings in Invesco S&P 500 GARP ETF were worth $271,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SPGP. Coppell Advisory Solutions LLC purchased a new position in shares of Invesco S&P 500 GARP ETF in the 2nd quarter worth $859,000. Farther Finance Advisors LLC increased its position in shares of Invesco S&P 500 GARP ETF by 77.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 16,783 shares of the company’s stock valued at $1,907,000 after purchasing an additional 7,347 shares during the last quarter. Ethos Financial Group LLC bought a new position in shares of Invesco S&P 500 GARP ETF during the 3rd quarter valued at approximately $938,000. Wedbush Securities Inc. purchased a new stake in Invesco S&P 500 GARP ETF during the 2nd quarter valued at $203,000. Finally, Wealthcare Advisory Partners LLC lifted its position in Invesco S&P 500 GARP ETF by 3.0% in the third quarter. Wealthcare Advisory Partners LLC now owns 187,916 shares of the company’s stock worth $21,351,000 after buying an additional 5,486 shares during the last quarter.

Invesco S&P 500 GARP ETF Stock Down 2.5%

NYSEARCA SPGP opened at $113.77 on Tuesday. Invesco S&P 500 GARP ETF has a 52 week low of $84.13 and a 52 week high of $118.08. The firm has a market capitalization of $2.38 billion, a price-to-earnings ratio of 16.90 and a beta of 1.00. The company has a fifty day moving average of $115.67 and a two-hundred day moving average of $113.52.

Invesco S&P 500 GARP ETF 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.