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

Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU) was the target of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 8,592 shares, a drop of 18.8% from the January 15th total of 10,583 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average trading volume of 6,006 shares, the short-interest ratio is currently 1.4 days. Based on an average trading volume of 6,006 shares, the short-interest ratio is currently 1.4 days. Currently, 0.4% of the company’s shares are sold short.

Invesco S&P 500 Enhanced Value ETF Stock Up 0.4%

NYSEARCA SPVU traded up $0.26 during trading on Monday, reaching $61.21. 7,922 shares of the stock traded hands, compared to its average volume of 15,157. Invesco S&P 500 Enhanced Value ETF has a fifty-two week low of $45.05 and a fifty-two week high of $61.89. The firm has a market cap of $132.83 million, a price-to-earnings ratio of 12.20 and a beta of 0.96. The stock’s 50-day moving average price is $58.25 and its 200 day moving average price is $55.61.

Institutional Trading of Invesco S&P 500 Enhanced Value ETF

A number of large investors have recently made changes to their positions in SPVU. Envestnet Asset Management Inc. lifted its holdings 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 acquiring an additional 270 shares in the last quarter. Koss Olinger Consulting LLC lifted 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 valued at $1,373,000 after purchasing an additional 369 shares in the last quarter. Global Retirement Partners LLC grew its position in shares of Invesco S&P 500 Enhanced Value ETF by 8.2% in the 4th quarter. Global Retirement Partners LLC now owns 5,517 shares of the company’s stock valued at $315,000 after purchasing an additional 417 shares during the period. Creative Financial Designs Inc. ADV increased its stake in 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 worth $518,000 after purchasing an additional 714 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its stake in Invesco S&P 500 Enhanced Value ETF by 5.3% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 14,187 shares of the company’s stock worth $778,000 after purchasing an additional 715 shares in the last quarter.

Invesco S&P 500 Enhanced Value ETF Company Profile

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.