Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU) Short Interest Down 56.0% in December

Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU) was the recipient of a large decrease in short interest in December. As of December 31st, there was short interest totaling 6,444 shares, a decrease of 56.0% from the December 15th total of 14,637 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 7,475 shares, the short-interest ratio is presently 0.9 days. Based on an average daily trading volume, of 7,475 shares, the short-interest ratio is presently 0.9 days. Currently, 0.3% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in SPVU. Advisory Services Network LLC bought a new position in Invesco S&P 500 Enhanced Value ETF in the third quarter worth approximately $86,000. Raymond James Financial Inc. acquired a new stake in Invesco S&P 500 Enhanced Value ETF in the 2nd quarter valued at $104,000. Sequent Planning LLC bought a new stake in Invesco S&P 500 Enhanced Value ETF during the 3rd quarter valued at $209,000. Cetera Investment Advisers increased its position in shares of 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 in the last quarter. Finally, Osaic Holdings Inc. raised its holdings in shares of Invesco S&P 500 Enhanced Value ETF by 54.2% in the 2nd quarter. Osaic Holdings Inc. now owns 4,993 shares of the company’s stock worth $260,000 after acquiring an additional 1,756 shares during the last quarter.

Invesco S&P 500 Enhanced Value ETF Price Performance

Shares of NYSEARCA:SPVU traded down $0.25 during mid-day trading on Friday, hitting $58.07. The company had a trading volume of 3,084 shares, compared to its average volume of 19,103. Invesco S&P 500 Enhanced Value ETF has a one year low of $45.05 and a one year high of $58.83. The firm has a fifty day moving average price of $56.53 and a 200 day moving average price of $54.53. The company has a market capitalization of $117.87 million, a PE ratio of 12.20 and a beta of 0.96.

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.