Invesco S&P 500 Value with Momentum ETF (NYSEARCA:SPVM) Short Interest Update

Invesco S&P 500 Value with Momentum ETF (NYSEARCA:SPVM) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 2,406 shares, a growth of 100.3% from the June 15th total of 1,201 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 7,798 shares, the days-to-cover ratio is presently 0.3 days.

Invesco S&P 500 Value with Momentum ETF Stock Performance

Shares of NYSEARCA SPVM traded down $0.06 during mid-day trading on Wednesday, hitting $75.72. The stock had a trading volume of 11,720 shares, compared to its average volume of 17,999. The firm has a market cap of $118.12 million, a PE ratio of 13.46 and a beta of 0.78. The company has a 50 day moving average of $73.35 and a two-hundred day moving average of $71.26. Invesco S&P 500 Value with Momentum ETF has a twelve month low of $60.13 and a twelve month high of $76.41.

Institutional Investors Weigh In On Invesco S&P 500 Value with Momentum ETF

Large investors have recently bought and sold shares of the company. Tactive Advisors LLC purchased a new position in shares of Invesco S&P 500 Value with Momentum ETF during the 1st quarter valued at about $6,219,000. Capstone Wealth Management Group LLC purchased a new stake in Invesco S&P 500 Value with Momentum ETF in the 1st quarter worth approximately $4,405,000. LPL Financial LLC boosted its position in Invesco S&P 500 Value with Momentum ETF by 20.1% in the 4th quarter. LPL Financial LLC now owns 139,258 shares of the company’s stock worth $9,440,000 after purchasing an additional 23,353 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of Invesco S&P 500 Value with Momentum ETF by 432.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 18,374 shares of the company’s stock worth $1,208,000 after purchasing an additional 14,920 shares during the period. Finally, NewEdge Advisors LLC increased its holdings in shares of Invesco S&P 500 Value with Momentum ETF by 183.4% during the 1st quarter. NewEdge Advisors LLC now owns 12,944 shares of the company’s stock valued at $892,000 after purchasing an additional 8,377 shares in the last quarter.

About Invesco S&P 500 Value with Momentum ETF

The Invesco S&P 500 Value with Momentum ETF (SPVM) is an exchange-traded fund that is based on the S&P 500 High Momentum Value index. The fund tracks an index of S&P 500 stocks selected by value and momentum and weighted by value. SPVM was launched on Jun 16, 2011 and is managed by Invesco.