Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) Short Interest Update

Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) saw a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 4 shares, a decrease of 97.2% from the February 26th total of 141 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 1,077 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On Invesco Bloomberg MVP Multi-factor ETF

Hedge funds have recently bought and sold shares of the business. Raymond James Financial Inc. bought a new stake in shares of Invesco Bloomberg MVP Multi-factor ETF during the second quarter worth $70,000. Bank of America Corp DE grew its holdings in shares of Invesco Bloomberg MVP Multi-factor ETF by 559.3% in 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 last quarter. Truist Financial Corp bought a new position in shares of Invesco Bloomberg MVP Multi-factor ETF in the third quarter worth about $309,000. Jones Financial Companies Lllp increased its stake in Invesco Bloomberg MVP Multi-factor ETF by 53.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 4,429 shares of the company’s stock worth $216,000 after buying an additional 1,548 shares during the period. Finally, UBS Group AG increased its stake in Invesco Bloomberg MVP Multi-factor ETF by 8.5% in the 3rd quarter. UBS Group AG now owns 22,933 shares of the company’s stock worth $1,124,000 after buying an additional 1,792 shares during the period.

Invesco Bloomberg MVP Multi-factor ETF Stock Performance

NYSEARCA BMVP traded down $0.19 during trading on Thursday, hitting $49.93. The stock had a trading volume of 1,531 shares, compared to its average volume of 1,680. Invesco Bloomberg MVP Multi-factor ETF has a one year low of $42.01 and a one year high of $52.95. The stock has a 50 day simple moving average of $51.55 and a 200 day simple moving average of $49.80. The stock has a market capitalization of $99.86 million, a price-to-earnings ratio of 20.94 and a beta of 0.95.

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.