Short Interest in Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU) Rises By 34.6%

Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVUGet Free Report) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 14,637 shares, an increase of 34.6% from the November 30th total of 10,875 shares. Currently, 0.7% of the company’s shares are sold short. Based on an average daily trading volume, of 4,902 shares, the days-to-cover ratio is currently 3.0 days. Based on an average daily trading volume, of 4,902 shares, the days-to-cover ratio is currently 3.0 days. Currently, 0.7% of the company’s shares are sold short.

Invesco S&P 500 Enhanced Value ETF Stock Performance

Shares of NYSEARCA SPVU traded down $0.18 during trading on Wednesday, hitting $57.20. 5,434 shares of the company were exchanged, compared to its average volume of 9,545. Invesco S&P 500 Enhanced Value ETF has a 12-month low of $45.05 and a 12-month high of $57.87. The company has a fifty day moving average price of $55.73 and a 200-day moving average price of $54.01. The firm has a market capitalization of $113.26 million, a PE ratio of 12.20 and a beta of 0.96.

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

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

Invesco S&P 500 Enhanced Value ETF Company Profile

(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.

See Also

Receive News & Ratings for Invesco S&P 500 Enhanced Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Enhanced Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.