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

Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 14,637 shares, a growth of 34.6% from the November 30th total of 10,875 shares. Based on an average daily volume of 4,902 shares, the days-to-cover ratio is currently 3.0 days. Currently, 0.7% of the company’s shares are sold short. Currently, 0.7% of the company’s shares are sold short. Based on an average daily volume of 4,902 shares, the days-to-cover ratio is currently 3.0 days.

Invesco S&P 500 Enhanced Value ETF Stock Up 0.2%

Shares of SPVU traded up $0.12 during trading hours on Tuesday, reaching $57.38. 2,221 shares of the company traded hands, compared to its average volume of 9,561. Invesco S&P 500 Enhanced Value ETF has a 12 month low of $45.05 and a 12 month high of $57.87. The company’s fifty day moving average price is $55.73 and its two-hundred day moving average price is $54.01. The company has a market capitalization of $113.61 million, a price-to-earnings ratio of 12.20 and a beta of 0.96.

Institutional Trading of Invesco S&P 500 Enhanced Value ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Envestnet Asset Management Inc. lifted its position in Invesco S&P 500 Enhanced Value ETF by 2.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 12,760 shares of the company’s stock valued at $700,000 after acquiring an additional 270 shares during the period. Koss Olinger Consulting LLC increased its position in shares of Invesco S&P 500 Enhanced Value ETF by 1.4% during the third quarter. Koss Olinger Consulting LLC now owns 26,386 shares of the company’s stock valued at $1,373,000 after acquiring an additional 369 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in shares of Invesco S&P 500 Enhanced Value ETF by 5.4% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 13,472 shares of the company’s stock worth $701,000 after purchasing an additional 691 shares during the last quarter. Creative Financial Designs Inc. ADV raised its position in Invesco S&P 500 Enhanced Value ETF by 8.2% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 9,449 shares of the company’s stock worth $518,000 after buying an additional 714 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Invesco S&P 500 Enhanced Value ETF by 5.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 16,160 shares of the company’s stock valued at $841,000 after acquiring an additional 807 shares during the last quarter.

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.