Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU) Shares Up 0.6% – Here’s Why

Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU – Get Free Report)’s stock price shot up 0.6% on Friday. The stock traded as high as $66.9550 and last traded at $66.9239. 2,084 shares were traded during mid-day trading, a decline of 87% from the average session volume of 16,106 shares. The stock had previously closed at $66.5048.

Invesco S&P 500 Enhanced Value ETF Stock Performance

The business’s 50 day simple moving average is $66.92 and its 200-day simple moving average is $66.04. The stock has a market capitalization of $145.22 million, a price-to-earnings ratio of 12.20 and a beta of 0.96.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of America Corp DE grew its holdings in Invesco S&P 500 Enhanced Value ETF by 38.4% in the 1st quarter. Bank of America Corp DE now owns 254,177 shares of the company’s stock worth $15,110,000 after buying an additional 70,558 shares in the last quarter. Lmcg Investments LLC raised its stake in Invesco S&P 500 Enhanced Value ETF by 12.9% during the 1st quarter. Lmcg Investments LLC now owns 37,406 shares of the company’s stock valued at $2,224,000 after acquiring an additional 4,268 shares in the last quarter. Sanctuary Advisors LLC raised its stake in Invesco S&P 500 Enhanced Value ETF by 9.6% during the 1st quarter. Sanctuary Advisors LLC now owns 5,514 shares of the company’s stock valued at $328,000 after acquiring an additional 482 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in Invesco S&P 500 Enhanced Value ETF by 6.9% during the 1st quarter. Cetera Investment Advisers now owns 5,484 shares of the company’s stock valued at $326,000 after acquiring an additional 355 shares in the last quarter.

About Invesco S&P 500 Enhanced Value ETF

(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.

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