17-May-2024
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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 May 17, 2024, SPVU stock price climbed to $49.24 with 1,722 million shares trading.
SPVU has a market cap of $120.65 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 return of +30.7%, while the SPY ETF gained +29.1%. In the last 3 month period, SPVU beat the market returning +8.4%, while SPY returned +6.3%. However, in the most recent 2 weeks SPVU has underperformed the stock market by returning +3.1%, while SPY returned +3.6%.
SPVU support price is $48.66 and resistance is $49.42 (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.