Armbruster Capital Management Inc. Grows Holdings in Invesco S&P 500 Enhanced Value ETF $SPVU

Armbruster Capital Management Inc. grew its holdings in shares of Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU) by 3.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 170,203 shares of the company’s stock after buying an additional 5,560 shares during the quarter. Invesco S&P 500 Enhanced Value ETF accounts for about 1.6% of Armbruster Capital Management Inc.’s investment portfolio, making the stock its 17th largest holding. Armbruster Capital Management Inc. owned about 8.26% of Invesco S&P 500 Enhanced Value ETF worth $8,855,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LRI Investments LLC purchased a new position in shares of Invesco S&P 500 Enhanced Value ETF during the 1st quarter valued at approximately $40,000. Harbour Investments Inc. raised its position in shares of Invesco S&P 500 Enhanced Value ETF by 1,063.0% during the 1st quarter. Harbour Investments Inc. now owns 1,605 shares of the company’s stock valued at $83,000 after acquiring an additional 1,467 shares in the last quarter. Sowell Financial Services LLC acquired a new position in Invesco S&P 500 Enhanced Value ETF in the first quarter worth $228,000. Creative Financial Designs Inc. ADV increased its stake in Invesco S&P 500 Enhanced Value ETF by 12.1% during the first quarter. Creative Financial Designs Inc. ADV now owns 7,386 shares of the company’s stock valued at $382,000 after purchasing an additional 799 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC raised its holdings in shares of Invesco S&P 500 Enhanced Value ETF by 7.2% during the first quarter. Avidian Wealth Enterprises LLC now owns 8,776 shares of the company’s stock worth $454,000 after purchasing an additional 590 shares during the period.

Invesco S&P 500 Enhanced Value ETF Stock Performance

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

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.