Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU) Shares Up 0.6% – Still a Buy?

by · The Markets Daily

Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU – Get Free Report) rose 0.6% on Friday. The company traded as high as $66.9550 and last traded at $66.9239. 2,084 shares were traded during trading, a decline of 87% from the average daily volume of 16,106 shares. The stock had previously closed at $66.5048.

Invesco S&P 500 Enhanced Value ETF Price Performance

The firm’s fifty day moving average is $66.92 and its two-hundred day moving average is $66.04. The firm has a market cap of $145.22 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

A number of institutional investors have recently made changes to their positions in SPVU. Bank of America Corp DE lifted its stake in shares of Invesco S&P 500 Enhanced Value ETF by 38.4% in the 1st quarter. Bank of America Corp DE now owns 254,177 shares of the company’s stock worth $15,110,000 after acquiring an additional 70,558 shares during the period. Cetera Investment Advisers boosted its holdings in shares of Invesco S&P 500 Enhanced Value ETF by 6.9% in the first quarter. Cetera Investment Advisers now owns 5,484 shares of the company’s stock valued at $326,000 after acquiring an additional 355 shares in the last quarter. Sanctuary Advisors LLC increased its stake in shares of Invesco S&P 500 Enhanced Value ETF by 9.6% during the first quarter. Sanctuary Advisors LLC now owns 5,514 shares of the company’s stock valued at $328,000 after acquiring an additional 482 shares during the period. Finally, Lmcg Investments LLC increased its stake in shares of Invesco S&P 500 Enhanced Value ETF by 12.9% during the first quarter. Lmcg Investments LLC now owns 37,406 shares of the company’s stock valued at $2,224,000 after acquiring an additional 4,268 shares during the period.

About Invesco S&P 500 Enhanced Value ETF

(Get Free Report)

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.

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