Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU) Short Interest Down 54.4% in February

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

Invesco S&P 500 Enhanced Value ETF Stock Performance

NYSEARCA:SPVU traded up $0.54 during midday trading on Friday, reaching $62.23. 12,944 shares of the stock traded hands, compared to its average volume of 16,106. The stock has a market capitalization of $135.03 million, a P/E ratio of 12.20 and a beta of 0.96. The company has a fifty day moving average of $59.11 and a 200 day moving average of $56.32. Invesco S&P 500 Enhanced Value ETF has a 12 month low of $45.05 and a 12 month high of $61.89.

Institutional Trading of Invesco S&P 500 Enhanced Value ETF

Institutional investors have recently modified their holdings of the company. Advisory Services Network LLC bought a new position in Invesco S&P 500 Enhanced Value ETF during the 3rd quarter valued at approximately $86,000. Sage Mountain Advisors LLC purchased a new stake in Invesco S&P 500 Enhanced Value ETF in the fourth quarter worth $102,000. Raymond James Financial Inc. bought a new stake in Invesco S&P 500 Enhanced Value ETF in the second quarter valued at $104,000. Sequent Planning LLC purchased a new position in Invesco S&P 500 Enhanced Value ETF during the 3rd quarter valued at $209,000. Finally, Summit Financial LLC bought a new position in Invesco S&P 500 Enhanced Value ETF in the 4th quarter worth $230,000.

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.