Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU) Shares Up 0.6% – Here’s Why

by · The Markets Daily

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

Invesco S&P 500 Enhanced Value ETF Stock Up 0.6%

The stock’s 50-day simple moving average is $66.92 and its 200 day simple moving average is $64.68. The firm has a market cap of $145.22 million, a P/E ratio of 12.20 and a beta of 0.96.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Cetera Investment Advisers boosted its position in shares of Invesco S&P 500 Enhanced Value ETF by 24.8% during the 2nd quarter. Cetera Investment Advisers now owns 4,903 shares of the company’s stock worth $255,000 after purchasing an additional 974 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Invesco S&P 500 Enhanced Value ETF by 63.3% in the 2nd quarter. Invesco Ltd. now owns 158,980 shares of the company’s stock worth $8,271,000 after purchasing an additional 61,618 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Invesco S&P 500 Enhanced Value ETF in the second quarter valued at $104,000. Jane Street Group LLC boosted its stake in Invesco S&P 500 Enhanced Value ETF by 29.1% during the 2nd quarter. Jane Street Group LLC now owns 5,715 shares of the company’s stock valued at $297,000 after purchasing an additional 1,288 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in Invesco S&P 500 Enhanced Value ETF by 5.3% during the second quarter. Ameriprise Financial Inc. now owns 16,160 shares of the company’s stock worth $841,000 after buying an additional 807 shares in the last quarter.

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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