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

Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU) was the recipient of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 3,917 shares, a decrease of 54.4% from the January 29th total of 8,592 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 18,738 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 18,738 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are sold short.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cetera Investment Advisers raised its stake in Invesco S&P 500 Enhanced Value ETF by 4.5% during the fourth quarter. Cetera Investment Advisers now owns 5,129 shares of the company’s stock worth $293,000 after acquiring an additional 220 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Invesco S&P 500 Enhanced Value ETF by 2.2% during the third quarter. Envestnet Asset Management Inc. now owns 12,760 shares of the company’s stock worth $700,000 after buying an additional 270 shares during the last quarter. Koss Olinger Consulting LLC lifted its stake in shares of Invesco S&P 500 Enhanced Value ETF by 1.4% in the 3rd quarter. Koss Olinger Consulting LLC now owns 26,386 shares of the company’s stock valued at $1,373,000 after purchasing an additional 369 shares during the period. Global Retirement Partners LLC lifted its stake in Invesco S&P 500 Enhanced Value ETF by 8.2% in the fourth quarter. Global Retirement Partners LLC now owns 5,517 shares of the company’s stock valued at $315,000 after buying an additional 417 shares during the period. Finally, Creative Financial Designs Inc. ADV lifted its position in shares of Invesco S&P 500 Enhanced Value ETF by 8.2% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 9,449 shares of the company’s stock valued at $518,000 after acquiring an additional 714 shares during the period.

Invesco S&P 500 Enhanced Value ETF Trading Up 0.1%

NYSEARCA SPVU traded up $0.05 during trading on Friday, hitting $61.68. 20,654 shares of the company traded hands, compared to its average volume of 16,106. The business has a fifty day simple moving average of $59.02 and a 200 day simple moving average of $56.21. The company has a market capitalization of $133.85 million, a P/E ratio of 12.20 and a beta of 0.96. Invesco S&P 500 Enhanced Value ETF has a 12 month low of $45.05 and a 12 month high of $61.89.

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.