Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU) Short Interest Update

Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU) saw a large increase in short interest in January. As of January 15th, there was short interest totaling 10,583 shares, an increase of 64.2% from the December 31st total of 6,444 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 20,847 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily trading volume, of 20,847 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.5% of the company’s stock are sold short.

Institutional Investors Weigh In On Invesco S&P 500 Enhanced Value ETF

Institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE raised its holdings in Invesco S&P 500 Enhanced Value ETF by 18.7% during the second quarter. Bank of America Corp DE now owns 243,506 shares of the company’s stock worth $12,668,000 after purchasing an additional 38,352 shares in the last quarter. Armbruster Capital Management Inc. boosted its stake in Invesco S&P 500 Enhanced Value ETF by 3.4% in the second quarter. Armbruster Capital Management Inc. now owns 170,203 shares of the company’s stock valued at $8,855,000 after acquiring an additional 5,560 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Invesco S&P 500 Enhanced Value ETF by 3.6% during the third quarter. Invesco Ltd. now owns 164,696 shares of the company’s stock worth $9,035,000 after purchasing an additional 5,716 shares during the last quarter. Delta Wealth Advisors LLC increased its position in shares of Invesco S&P 500 Enhanced Value ETF by 2.0% during the third quarter. Delta Wealth Advisors LLC now owns 95,714 shares of the company’s stock worth $5,251,000 after purchasing an additional 1,843 shares in the last quarter. Finally, Lmcg Investments LLC lifted its holdings in shares of Invesco S&P 500 Enhanced Value ETF by 7.8% in the 3rd quarter. Lmcg Investments LLC now owns 31,386 shares of the company’s stock valued at $1,722,000 after purchasing an additional 2,273 shares during the last quarter.

Invesco S&P 500 Enhanced Value ETF Stock Up 1.0%

NYSEARCA:SPVU opened at $58.72 on Monday. Invesco S&P 500 Enhanced Value ETF has a 52 week low of $45.05 and a 52 week high of $58.83. The company has a fifty day simple moving average of $57.25 and a two-hundred day simple moving average of $54.99. The company has a market cap of $127.42 million, a price-to-earnings ratio of 12.20 and a beta of 0.96.

About Invesco S&P 500 Enhanced Value ETF

The Invesco S&P 500 Enhanced Value ETF (SPVU) is an exchange-traded fund that is based on the S&P 500 Enhanced Value index. The fund tracks an index of 100 S&P 500 components with the strongest value metrics. SPVU was launched on Oct 9, 2015 and is managed by Invesco.