Short Interest in Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) Decreases By 88.7%

Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 22 shares, a drop of 88.7% from the May 31st total of 195 shares. Based on an average daily volume of 2,052 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in BMVP. Northwestern Mutual Wealth Management Co. increased its holdings in Invesco Bloomberg MVP Multi-factor ETF by 7,071.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 88,350 shares of the company’s stock worth $4,315,000 after acquiring an additional 87,118 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Invesco Bloomberg MVP Multi-factor ETF during the 2nd quarter worth approximately $70,000. Bank of America Corp DE lifted its holdings in Invesco Bloomberg MVP Multi-factor ETF by 559.3% during the second quarter. Bank of America Corp DE now owns 1,978 shares of the company’s stock valued at $96,000 after purchasing an additional 1,678 shares in the last quarter. UBS Group AG lifted its holdings in Invesco Bloomberg MVP Multi-factor ETF by 8.5% during the third quarter. UBS Group AG now owns 22,933 shares of the company’s stock valued at $1,124,000 after purchasing an additional 1,792 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its holdings in Invesco Bloomberg MVP Multi-factor ETF by 86.2% in 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 Trading Up 0.4%

NYSEARCA BMVP traded up $0.21 on Friday, hitting $51.24. 1,461 shares of the company traded hands, compared to its average volume of 1,437. The business’s 50 day moving average price is $51.40 and its 200-day moving average price is $50.97. Invesco Bloomberg MVP Multi-factor ETF has a 52-week low of $47.44 and a 52-week high of $52.95. The company has a market capitalization of $100.94 million, a price-to-earnings ratio of 20.94 and a beta of 0.89.

Invesco Bloomberg MVP Multi-factor ETF Company Profile

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.