SPVU Stock Summary and Trading Ideas (Invesco S&P 500 Enhanced Value ETF | ARCA:SPVU)

The Invesco S&P 500 Enhanced Value ETF (Fund) is based on the S&P 500 Enhanced Value Index (Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Index. The Index tracks the performance of stocks in the S&P 500 Index that have the highest "value score." The Fund and Index are reconstituted and rebalanced twice a year on the third Fridays of June and December. Constituents are weighted by their market capitalization and their value score.

Invesco S&P 500 Enhanced Value ETF trades on the ARCA stock market under the symbol SPVU.

As of April 25, 2024, SPVU stock price declined to $48.65 with 8,389 million shares trading.

SPVU has a market cap of $113.84 million. This is considered a Micro Cap stock.

In the last 3 years, SPVU stock traded as high as $50.12 and as low as $35.87.

SPVU has outperformed the market in the last year with a price return of +24.0% while the SPY ETF gained +23.6%. SPVU has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +11.8% and -0.3%, respectively, while the SPY returned +4.1% and -2.1%, respectively.

SPVU support price is $48.33 and resistance is $49.28 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SPVU stock will trade within this expected range on the day.