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

Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU) saw a large growth in short interest during the month of 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 trading volume of 4,902 shares, the short-interest ratio is presently 3.0 days. Currently, 0.7% of the company’s stock are sold short. Currently, 0.7% of the company’s stock are sold short. Based on an average trading volume of 4,902 shares, the short-interest ratio is presently 3.0 days.

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

SPVU stock traded up $0.12 during mid-day trading on Tuesday, reaching $57.38. 2,221 shares of the company traded hands, compared to its average volume of 9,561. The stock has a market cap of $113.61 million, a price-to-earnings ratio of 12.20 and a beta of 0.96. Invesco S&P 500 Enhanced Value ETF has a fifty-two week low of $45.05 and a fifty-two week high of $57.87. The firm’s 50 day moving average price is $55.73 and its 200 day moving average price is $54.01.

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

Several institutional investors have recently bought and sold shares of SPVU. Advisory Services Network LLC purchased a new stake in shares of Invesco S&P 500 Enhanced Value ETF during the 3rd quarter worth approximately $86,000. Raymond James Financial Inc. bought a new stake in Invesco S&P 500 Enhanced Value ETF during the 2nd quarter worth approximately $104,000. Sequent Planning LLC bought a new position in shares of Invesco S&P 500 Enhanced Value ETF in the third quarter worth $209,000. Cetera Investment Advisers raised its holdings in shares of Invesco S&P 500 Enhanced Value ETF by 24.8% in the 2nd quarter. Cetera Investment Advisers now owns 4,903 shares of the company’s stock valued at $255,000 after acquiring an additional 974 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its position in shares of Invesco S&P 500 Enhanced Value ETF by 54.2% during the 2nd quarter. Osaic Holdings Inc. now owns 4,993 shares of the company’s stock valued at $260,000 after acquiring an additional 1,756 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.