Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) Sees Large Drop in Short Interest

Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 790 shares, a decline of 63.7% from the June 30th total of 2,176 shares. Based on an average daily trading volume, of 5,542 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On Invesco Bloomberg Analyst Rating Improvers ETF

Hedge funds have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco Bloomberg Analyst Rating Improvers ETF by 52,865.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 768,004 shares of the company’s stock worth $56,825,000 after acquiring an additional 766,554 shares in the last quarter. Aspire Growth Partners LLC increased its position in Invesco Bloomberg Analyst Rating Improvers ETF by 1.7% during the fourth quarter. Aspire Growth Partners LLC now owns 10,518 shares of the company’s stock valued at $778,000 after acquiring an additional 178 shares during the last quarter. Stifel Financial Corp bought a new position in shares of Invesco Bloomberg Analyst Rating Improvers ETF in the 4th quarter worth approximately $251,000. HRT Financial LP grew its position in shares of Invesco Bloomberg Analyst Rating Improvers ETF by 51.6% during the 4th quarter. HRT Financial LP now owns 9,026 shares of the company’s stock valued at $667,000 after acquiring an additional 3,073 shares during the period. Finally, Tower Research Capital LLC TRC grew its holdings in Invesco Bloomberg Analyst Rating Improvers ETF by 85.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 26,578 shares of the company’s stock valued at $1,966,000 after purchasing an additional 12,267 shares during the period.

Invesco Bloomberg Analyst Rating Improvers ETF Price Performance

UPGD opened at $81.75 on Monday. The stock has a market cap of $117.72 million, a PE ratio of 20.47 and a beta of 0.92. The business’s fifty day simple moving average is $81.15 and its 200 day simple moving average is $78.16. Invesco Bloomberg Analyst Rating Improvers ETF has a 52 week low of $70.85 and a 52 week high of $83.30.

Invesco Bloomberg Analyst Rating Improvers ETF Company Profile

The Invesco Bloomberg Analyst Rating Improvers ETF (UPGD) is an exchange-traded fund that is based on the Bloomberg ANR Improvers index. The fund tracks an equal-weighted index of large-and mid-cap US stocks that are identified to have the most improved consensus ratings based on analyst recommendations. UPGD was launched on May 19, 2006 and is issued by Invesco.