Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU) Sees Significant Increase in Short Interest

by · The Markets Daily

Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU – Get Free Report) saw a large increase in short interest in January. As of January 15th, there was short interest totaling 10,583 shares, an increase of 64.2% from the December 31st total of 6,444 shares. Based on an average daily trading volume, of 20,847 shares, the short-interest ratio is currently 0.5 days. Currently, 0.5% of the shares of the stock are sold short. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 20,847 shares, the short-interest ratio is currently 0.5 days.

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

Institutional investors and hedge funds have recently bought and sold shares of the business. Envestnet Asset Management Inc. grew its stake in Invesco S&P 500 Enhanced Value ETF by 2.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 12,760 shares of the company’s stock valued at $700,000 after acquiring an additional 270 shares in the last quarter. Koss Olinger Consulting LLC boosted its holdings in shares of Invesco S&P 500 Enhanced Value ETF by 1.4% during the 3rd quarter. Koss Olinger Consulting LLC now owns 26,386 shares of the company’s stock worth $1,373,000 after purchasing an additional 369 shares during the last quarter. Creative Financial Designs Inc. ADV grew its position in shares of Invesco S&P 500 Enhanced Value ETF by 8.2% in the third quarter. Creative Financial Designs Inc. ADV now owns 9,449 shares of the company’s stock valued at $518,000 after purchasing an additional 714 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its position in shares of Invesco S&P 500 Enhanced Value ETF by 5.3% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 14,187 shares of the company’s stock valued at $778,000 after purchasing an additional 715 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of Invesco S&P 500 Enhanced Value ETF by 5.3% in the second quarter. Ameriprise Financial Inc. now owns 16,160 shares of the company’s stock valued at $841,000 after purchasing an additional 807 shares during the last quarter.

Invesco S&P 500 Enhanced Value ETF Stock Up 1.0%

Shares of NYSEARCA SPVU traded up $0.61 during midday trading on Friday, hitting $58.72. The stock had a trading volume of 7,564 shares, compared to its average volume of 13,383. The stock has a 50 day simple moving average of $57.25 and a 200-day simple moving average of $54.94. The company has a market capitalization of $127.42 million, a PE ratio of 12.20 and a beta of 0.96. Invesco S&P 500 Enhanced Value ETF has a 1 year low of $45.05 and a 1 year high of $58.83.

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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