SPVU Stock, Invesco S&P 500 Enhanced Value Information
Stock Information
Company Name: | Invesco S&P 500 Enhanced Value |
Stock Symbol: | SPVU |
Market: | NYSE |
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About Invesco S&P 500 Enhanced Value
The investment seeks to track the investment results (before fees and expenses) of the S&P 500 Enhanced Value Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to track the performance of approximately 100 stocks in the S&P 500 Index that have the highest value score, which the index provider calculates based on fundamental ratios of a companys stock. A value stock tends to trade at a lower price relative to such fundamentals and thus may be considered undervalued by investors.