Short Interest in Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) Drops By 81.8%

Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVPGet Free Report) was the recipient of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 4 shares, a drop of 81.8% from the June 15th total of 22 shares. Based on an average trading volume of 691 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

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 traded hands, compared to its average volume of 1,398. Invesco Bloomberg MVP Multi-factor ETF has a one year low of $47.44 and a one year high of $52.95. The business has a 50 day moving average price of $51.48 and a two-hundred day moving average price of $51.15. The company has a market cap of $101.71 million, a PE ratio of 20.94 and a beta of 0.89.

Institutional Trading of Invesco Bloomberg MVP Multi-factor ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. raised 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 worth $4,315,000 after buying an additional 87,118 shares during the last quarter. UBS Group AG grew its holdings in shares of 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 buying an additional 1,792 shares during the last quarter. Osaic Holdings Inc. increased its position in shares of 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 worth $488,000 after acquiring an additional 4,624 shares in the last quarter. Evanson Financial LLC bought a new stake in shares of Invesco Bloomberg MVP Multi-factor ETF during the second quarter worth about $309,000. Finally, Bank of America Corp DE increased its position in shares of 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 acquiring an additional 1,678 shares in the last quarter.

About Invesco Bloomberg MVP Multi-factor ETF

(Get Free Report)

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.

See Also

Receive News & Ratings for Invesco Bloomberg MVP Multi-factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Bloomberg MVP Multi-factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.