Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP – Get Free Report) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 77 shares, an increase of 57.1% from the August 15th total of 49 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 688 shares, the short-interest ratio is presently 0.1 days.
Invesco Bloomberg MVP Multi-factor ETF Price Performance
BMVP traded up $0.21 during trading hours on Thursday, hitting $53.64. 27 shares of the stock were exchanged, compared to its average volume of 1,242. The stock has a market cap of $56.32 million, a price-to-earnings ratio of 20.94 and a beta of 0.89. The stock has a 50-day simple moving average of $53.78 and a 200-day simple moving average of $52.11. Invesco Bloomberg MVP Multi-factor ETF has a 12 month low of $47.46 and a 12 month high of $55.18.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the business. Washington Trust Advisors Inc. acquired a new position in shares of Invesco Bloomberg MVP Multi-factor ETF in the 2nd quarter valued at about $40,000. Evanson Financial LLC acquired a new stake in Invesco Bloomberg MVP Multi-factor ETF during the second quarter worth about $309,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco Bloomberg MVP Multi-factor ETF by 7,071.3% in the fourth 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 during the last quarter.
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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