Armbruster Capital Management Inc. Sells 800 Shares of Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU)

Armbruster Capital Management Inc. lessened its position in shares of Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU) by 0.5% in the fourth quarter, HoldingsChannel reports. The fund owned 167,103 shares of the company’s stock after selling 800 shares during the period. Invesco S&P 500 Enhanced Value ETF accounts for approximately 1.7% of Armbruster Capital Management Inc.’s investment portfolio, making the stock its 17th largest holding. Armbruster Capital Management Inc. owned 0.07% of Invesco S&P 500 Enhanced Value ETF worth $8,222,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sanctuary Advisors LLC bought a new stake in Invesco S&P 500 Enhanced Value ETF in the 3rd quarter valued at $331,000. Farther Finance Advisors LLC acquired a new stake in shares of Invesco S&P 500 Enhanced Value ETF during the third quarter worth $87,000. MML Investors Services LLC bought a new stake in shares of Invesco S&P 500 Enhanced Value ETF in the third quarter valued at about $256,000. Lmcg Investments LLC grew its stake in shares of Invesco S&P 500 Enhanced Value ETF by 7.0% in the third quarter. Lmcg Investments LLC now owns 11,351 shares of the company’s stock valued at $565,000 after acquiring an additional 738 shares in the last quarter. Finally, Truist Financial Corp bought a new position in Invesco S&P 500 Enhanced Value ETF during the second quarter worth about $516,000.

Invesco S&P 500 Enhanced Value ETF Stock Down 0.1 %

Shares of Invesco S&P 500 Enhanced Value ETF stock opened at $51.54 on Monday. The company has a 50-day simple moving average of $51.13 and a two-hundred day simple moving average of $50.16. Invesco S&P 500 Enhanced Value ETF has a twelve month low of $43.85 and a twelve month high of $54.36. The stock has a market capitalization of $126.27 million, a price-to-earnings ratio of 10.79 and a beta of 0.71.

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.