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

Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 49 shares, a drop of 70.8% from the July 30th total of 168 shares. Based on an average daily volume of 887 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On Invesco Bloomberg MVP Multi-factor ETF

Large investors have recently added to or reduced their stakes in the stock. Washington Trust Advisors Inc. purchased a new stake in Invesco Bloomberg MVP Multi-factor ETF in the second quarter worth about $40,000. Raymond James Financial Inc. bought a new position in Invesco Bloomberg MVP Multi-factor ETF during the 2nd quarter worth about $70,000. Bank of America Corp DE increased its position in Invesco Bloomberg MVP Multi-factor ETF by 559.3% during the 2nd 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 during the period. UBS Group AG raised its holdings in shares of 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 valued at $1,124,000 after purchasing an additional 1,792 shares in the last quarter. Finally, Osaic Holdings Inc. raised its holdings in shares of 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 valued at $488,000 after purchasing an additional 4,624 shares in the last quarter.

Invesco Bloomberg MVP Multi-factor ETF Price Performance

Shares of NYSEARCA:BMVP traded down $0.35 on Thursday, hitting $54.52. 650 shares of the company’s stock were exchanged, compared to its average volume of 1,314. The stock has a market capitalization of $106.31 million, a price-to-earnings ratio of 20.94 and a beta of 0.89. Invesco Bloomberg MVP Multi-factor ETF has a 12 month low of $47.46 and a 12 month high of $55.18. The business’s 50 day simple moving average is $52.97 and its two-hundred day simple moving average is $51.94.

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.