Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) Short Interest Update

Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 4 shares, a decrease of 81.8% from the June 15th total of 22 shares. Based on an average daily volume of 691 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On Invesco Bloomberg MVP Multi-factor ETF

Several hedge funds have recently added to or reduced their stakes in BMVP. Raymond James Financial Inc. acquired a new position in Invesco Bloomberg MVP Multi-factor ETF in the 2nd quarter valued at approximately $70,000. Bank of America Corp DE raised its position in Invesco Bloomberg MVP Multi-factor ETF by 559.3% during the 2nd quarter. Bank of America Corp DE now owns 1,978 shares of the company’s stock worth $96,000 after purchasing an additional 1,678 shares during the last quarter. UBS Group AG raised its position in Invesco Bloomberg MVP Multi-factor ETF by 8.5% during the 3rd quarter. UBS Group AG now owns 22,933 shares of the company’s stock worth $1,124,000 after purchasing an additional 1,792 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco Bloomberg MVP Multi-factor ETF by 7,071.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 88,350 shares of the company’s stock worth $4,315,000 after buying an additional 87,118 shares during the period. Finally, Osaic Holdings Inc. lifted its holdings in Invesco Bloomberg MVP Multi-factor ETF by 86.2% during the 4th quarter. Osaic Holdings Inc. now owns 9,990 shares of the company’s stock worth $488,000 after buying an additional 4,624 shares during the period.

Invesco Bloomberg MVP Multi-factor ETF Stock Performance

Shares of NYSEARCA:BMVP traded up $0.33 during midday trading on Friday, hitting $52.16. 632 shares of the stock were exchanged, compared to its average volume of 1,398. The stock has a market capitalization of $101.71 million, a price-to-earnings ratio of 20.94 and a beta of 0.89. The business’s 50-day moving average price is $51.48 and its 200 day moving average price is $51.15. Invesco Bloomberg MVP Multi-factor ETF has a 12 month low of $47.44 and a 12 month high of $52.95.

About Invesco Bloomberg MVP Multi-factor ETF

The Invesco Bloomberg MVP Multi-factor ETF (BMVP) is an exchange-traded fund that is based on the Bloomberg MVP index. The fund tracks an equally-weighted index of US large-cap securities, selected by their fundamental and technical characteristics. BMVP was launched on May 1, 2003 and is issued by Invesco.