Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU) Shares Down 0% – What’s Next?

Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU)’s share price fell 0% during mid-day trading on Tuesday . The company traded as low as $57.09 and last traded at $57.09. 3,864 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 9,661 shares. The stock had previously closed at $57.11.

Invesco S&P 500 Enhanced Value ETF Stock Down 0.0%

The company has a 50 day simple moving average of $55.42 and a 200-day simple moving average of $53.79. The stock has a market cap of $113.04 million, a price-to-earnings ratio of 12.20 and a beta of 0.96.

Hedge Funds Weigh In On Invesco S&P 500 Enhanced Value ETF

A number of large investors have recently bought and sold shares of SPVU. Invesco Ltd. boosted its position in Invesco S&P 500 Enhanced Value ETF by 63.3% during the 2nd quarter. Invesco Ltd. now owns 158,980 shares of the company’s stock valued at $8,271,000 after purchasing an additional 61,618 shares during the period. Bank of America Corp DE raised its holdings in shares of Invesco S&P 500 Enhanced Value ETF by 18.7% in the 2nd 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. Arrowroot Family Office LLC acquired a new stake in shares of Invesco S&P 500 Enhanced Value ETF during the 2nd quarter valued at $805,000. Paragon Capital Management Ltd bought a new stake in shares of Invesco S&P 500 Enhanced Value ETF during the 2nd quarter worth $742,000. Finally, Farther Finance Advisors LLC grew its holdings in shares of Invesco S&P 500 Enhanced Value ETF by 670.4% in the 2nd quarter. Farther Finance Advisors LLC now owns 13,629 shares of the company’s stock worth $709,000 after acquiring an additional 11,860 shares during the last quarter.

Invesco S&P 500 Enhanced Value ETF Company Profile

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.