Invesco S&P 500 Enhanced Value ETF $SPVU Shares Purchased by Armbruster Capital Management Inc.

Armbruster Capital Management Inc. boosted its stake in Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU) by 3.4% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 170,203 shares of the company’s stock after purchasing an additional 5,560 shares during the period. Invesco S&P 500 Enhanced Value ETF accounts for 1.6% of Armbruster Capital Management Inc.’s holdings, making the stock its 17th biggest holding. Armbruster Capital Management Inc. owned approximately 0.08% of Invesco S&P 500 Enhanced Value ETF worth $8,855,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. LRI Investments LLC acquired a new stake in Invesco S&P 500 Enhanced Value ETF in the first quarter worth $40,000. Harbour Investments Inc. increased its position in Invesco S&P 500 Enhanced Value ETF by 1,063.0% in the first quarter. Harbour Investments Inc. now owns 1,605 shares of the company’s stock worth $83,000 after buying an additional 1,467 shares during the period. Sowell Financial Services LLC acquired a new stake in Invesco S&P 500 Enhanced Value ETF in the first quarter worth $228,000. Creative Financial Designs Inc. ADV increased its position in Invesco S&P 500 Enhanced Value ETF by 12.1% in the first quarter. Creative Financial Designs Inc. ADV now owns 7,386 shares of the company’s stock worth $382,000 after buying an additional 799 shares during the period. Finally, Avidian Wealth Enterprises LLC increased its position in Invesco S&P 500 Enhanced Value ETF by 7.2% in the first quarter. Avidian Wealth Enterprises LLC now owns 8,776 shares of the company’s stock worth $454,000 after buying an additional 590 shares during the period.

Invesco S&P 500 Enhanced Value ETF Price Performance

Shares of NYSEARCA SPVU opened at $54.79 on Wednesday. Invesco S&P 500 Enhanced Value ETF has a 1-year low of $45.05 and a 1-year high of $55.33. The business’s fifty day moving average price is $53.60 and its two-hundred day moving average price is $51.58. The firm has a market capitalization of $106.84 million, a PE ratio of 12.20 and a beta of 1.14.

Invesco S&P 500 Enhanced Value ETF 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.