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

Armbruster Capital Management Inc. trimmed its holdings in Invesco S&P 500 Enhanced Value ETF (NYSEARCA:SPVU) by 0.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 167,103 shares of the company’s stock after selling 800 shares during the quarter. Invesco S&P 500 Enhanced Value ETF comprises 1.7% of Armbruster Capital Management Inc.’s portfolio, making the stock its 17th biggest holding. Armbruster Capital Management Inc. owned about 6.82% 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 have also added to or reduced their stakes in the company. Lmcg Investments LLC increased its holdings 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 purchasing an additional 738 shares in the last quarter. Massmutual Trust Co. FSB ADV bought a new position in Invesco S&P 500 Enhanced Value ETF in the third quarter valued at about $37,000. Clear Creek Financial Management LLC increased its position in Invesco S&P 500 Enhanced Value ETF by 0.6% in the third quarter. Clear Creek Financial Management LLC now owns 172,516 shares of the company’s stock worth $8,590,000 after purchasing an additional 986 shares during the period. Farther Finance Advisors LLC bought a new stake in Invesco S&P 500 Enhanced Value ETF during the 3rd quarter worth about $87,000. Finally, MML Investors Services LLC acquired a new position in Invesco S&P 500 Enhanced Value ETF during the 3rd quarter valued at about $256,000.

Invesco S&P 500 Enhanced Value ETF Price Performance

Shares of NYSEARCA:SPVU opened at $51.54 on Monday. The stock has a market cap of $126.27 million, a price-to-earnings ratio of 10.79 and a beta of 0.71. The company has a 50 day moving average of $51.13 and a 200-day moving average of $50.16. Invesco S&P 500 Enhanced Value ETF has a one year low of $43.85 and a one year high of $54.36.

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.