Invesco S&P 500 Value with Momentum ETF (NYSEARCA:SPVM) Short Interest Down 27.9% in December

Invesco S&P 500 Value with Momentum ETF (NYSEARCA:SPVM) saw a significant decrease in short interest in December. As of December 31st, there was short interest totaling 5,325 shares, a decrease of 27.9% from the December 15th total of 7,390 shares. Based on an average trading volume of 6,413 shares, the short-interest ratio is presently 0.8 days. Currently, 0.4% of the company’s stock are sold short. Currently, 0.4% of the company’s stock are sold short. Based on an average trading volume of 6,413 shares, the short-interest ratio is presently 0.8 days.

Invesco S&P 500 Value with Momentum ETF Stock Down 0.3%

SPVM traded down $0.18 during trading on Friday, hitting $69.38. The company had a trading volume of 8,932 shares, compared to its average volume of 22,757. The company has a market capitalization of $103.38 million, a PE ratio of 13.46 and a beta of 0.89. Invesco S&P 500 Value with Momentum ETF has a one year low of $49.89 and a one year high of $69.68. The firm’s 50-day moving average price is $67.44 and its 200 day moving average price is $64.89.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. IFG Advisory LLC grew its holdings in shares of Invesco S&P 500 Value with Momentum ETF by 1.4% during the second quarter. IFG Advisory LLC now owns 13,186 shares of the company’s stock worth $788,000 after buying an additional 188 shares in the last quarter. Bank of America Corp DE boosted its position in Invesco S&P 500 Value with Momentum ETF by 1.5% during the 3rd quarter. Bank of America Corp DE now owns 37,162 shares of the company’s stock worth $2,444,000 after acquiring an additional 552 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of Invesco S&P 500 Value with Momentum ETF by 61.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 5,344 shares of the company’s stock worth $350,000 after acquiring an additional 2,034 shares in the last quarter. Private Trust Co. NA grew its stake in shares of Invesco S&P 500 Value with Momentum ETF by 92.5% during the 2nd quarter. Private Trust Co. NA now owns 4,620 shares of the company’s stock worth $276,000 after acquiring an additional 2,220 shares in the last quarter. Finally, Raymond James Financial Inc. raised its holdings in shares of Invesco S&P 500 Value with Momentum ETF by 14.9% in the second quarter. Raymond James Financial Inc. now owns 23,030 shares of the company’s stock valued at $1,377,000 after purchasing an additional 2,980 shares during the last quarter.

Invesco S&P 500 Value with Momentum ETF Company Profile

The Invesco S&P 500 Value with Momentum ETF (SPVM) is an exchange-traded fund that is based on the S&P 500 High Momentum Value index. The fund tracks an index of S&P 500 stocks selected by value and momentum and weighted by value. SPVM was launched on Jun 16, 2011 and is managed by Invesco.