Avidian Wealth Solutions LLC Sells 1,990 Shares of Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU)

Avidian Wealth Solutions LLC reduced its stake in shares of Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVUFree Report) by 13.4% during the first quarter, Holdings Channel reports. The institutional investor owned 12,857 shares of the company’s stock after selling 1,990 shares during the period. Avidian Wealth Solutions LLC’s holdings in Invesco S&P 500 Enhanced Value ETF were worth $641,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in SPVU. Assetmark Inc. bought a new stake in Invesco S&P 500 Enhanced Value ETF during the fourth quarter valued at about $27,000. Lmcg Investments LLC grew its position in shares of Invesco S&P 500 Enhanced Value ETF by 6.0% during the fourth quarter. Lmcg Investments LLC now owns 5,988 shares of the company’s stock worth $265,000 after purchasing an additional 341 shares in the last quarter. Global Retirement Partners LLC raised its stake in Invesco S&P 500 Enhanced Value ETF by 87.0% during the 1st quarter. Global Retirement Partners LLC now owns 5,562 shares of the company’s stock valued at $277,000 after purchasing an additional 2,588 shares during the period. Creative Financial Designs Inc. ADV raised its stake in Invesco S&P 500 Enhanced Value ETF by 138.1% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 11,178 shares of the company’s stock valued at $494,000 after purchasing an additional 6,483 shares during the period. Finally, Avestar Capital LLC lifted its holdings in Invesco S&P 500 Enhanced Value ETF by 34.9% in the 4th quarter. Avestar Capital LLC now owns 23,440 shares of the company’s stock worth $1,036,000 after purchasing an additional 6,062 shares in the last quarter.

Invesco S&P 500 Enhanced Value ETF Stock Up 0.7 %

SPVU stock traded up $0.33 during midday trading on Wednesday, hitting $47.96. The company’s stock had a trading volume of 29,739 shares, compared to its average volume of 19,193. The firm has a market capitalization of $117.51 million, a price-to-earnings ratio of 10.79 and a beta of 0.71. Invesco S&P 500 Enhanced Value ETF has a 12 month low of $37.88 and a 12 month high of $50.12. The company has a 50 day moving average of $48.01 and a two-hundred day moving average of $46.96.

Invesco S&P 500 Enhanced Value ETF Profile

(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.

See Also

Want to see what other hedge funds are holding SPVU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVUFree Report).

Institutional Ownership by Quarter for Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU)

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