Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU) Shares Down 0% – Should You Sell?

Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU) shares fell 0% on Tuesday . The company traded as low as $57.09 and last traded at $57.09. 3,864 shares were traded 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 Performance

The stock’s 50 day simple moving average is $55.48 and its 200 day simple moving average is $53.82. The firm has a market cap of $113.57 million, a PE ratio of 12.20 and a beta of 0.96.

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

Hedge funds have recently added to or reduced their stakes in the company. Arrowroot Family Office LLC purchased a new stake in Invesco S&P 500 Enhanced Value ETF in the second quarter worth approximately $805,000. Creative Financial Designs Inc. ADV raised its stake in shares of Invesco S&P 500 Enhanced Value ETF by 18.3% during the second quarter. Creative Financial Designs Inc. ADV now owns 8,735 shares of the company’s stock worth $454,000 after acquiring an additional 1,349 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Invesco S&P 500 Enhanced Value ETF by 5.4% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 13,472 shares of the company’s stock worth $701,000 after acquiring an additional 691 shares during the last quarter. Global Retirement Partners LLC purchased a new stake in shares of Invesco S&P 500 Enhanced Value ETF in the 2nd quarter valued at $266,000. Finally, Paragon Capital Management Ltd bought a new position in shares of Invesco S&P 500 Enhanced Value ETF during the 2nd quarter valued at $742,000.

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.