Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP – Get Free Report) was the recipient of a significant 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. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 2,052 shares, the days-to-cover ratio is presently 0.0 days.
Hedge Funds Weigh In On Invesco Bloomberg MVP Multi-factor ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Raymond James Financial Inc. bought a new stake in Invesco Bloomberg MVP Multi-factor ETF in the second quarter valued at about $70,000. Bank of America Corp DE lifted its stake 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 worth $96,000 after purchasing an additional 1,678 shares during the period. UBS Group AG lifted its stake 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 worth $1,124,000 after purchasing an additional 1,792 shares during the period. Osaic Holdings Inc. boosted its holdings in Invesco Bloomberg MVP Multi-factor ETF by 86.2% during the fourth quarter. Osaic Holdings Inc. now owns 9,990 shares of the company’s stock valued at $488,000 after purchasing an additional 4,624 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco Bloomberg MVP Multi-factor ETF by 7,071.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 88,350 shares of the company’s stock valued at $4,315,000 after purchasing an additional 87,118 shares in the last quarter.
Invesco Bloomberg MVP Multi-factor ETF Stock Up 0.0%
BMVP traded up $0.02 during trading on Friday, reaching $51.05. 861 shares of the company’s stock were exchanged, compared to its average volume of 1,432. Invesco Bloomberg MVP Multi-factor ETF has a fifty-two week low of $47.44 and a fifty-two week high of $52.95. The business has a 50 day moving average price of $51.39 and a 200 day moving average price of $50.97. The company has a market capitalization of $100.57 million, a P/E ratio of 20.94 and a beta of 0.89.
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.
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