Institute for Wealth Management LLC. Has $2.86 Million Stake in Invesco Bloomberg MVP Multi-factor ETF $BMVP

Institute for Wealth Management LLC. trimmed its holdings in shares of Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVPFree Report) by 0.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,203 shares of the company’s stock after selling 402 shares during the period. Institute for Wealth Management LLC.’s holdings in Invesco Bloomberg MVP Multi-factor ETF were worth $2,863,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BMVP. Citadel Advisors LLC acquired a new stake in Invesco Bloomberg MVP Multi-factor ETF during the 4th quarter valued at $226,000. Dale Q Rice Investment Management Ltd acquired a new stake in Invesco Bloomberg MVP Multi-factor ETF during the 1st quarter valued at $297,000. LPL Financial LLC increased its holdings in Invesco Bloomberg MVP Multi-factor ETF by 4.1% during the 1st quarter. LPL Financial LLC now owns 98,664 shares of the company’s stock valued at $4,706,000 after purchasing an additional 3,902 shares in the last quarter. Finally, Royal Harbor Partners LLC acquired a new stake in Invesco Bloomberg MVP Multi-factor ETF during the 1st quarter valued at $7,864,000.

Invesco Bloomberg MVP Multi-factor ETF Stock Performance

NYSEARCA BMVP opened at $49.03 on Wednesday. The stock has a fifty day moving average of $48.67 and a 200-day moving average of $47.69. The stock has a market capitalization of $112.28 million, a P/E ratio of 20.94 and a beta of 0.96. Invesco Bloomberg MVP Multi-factor ETF has a 52 week low of $42.01 and a 52 week high of $50.90.

Invesco Bloomberg MVP Multi-factor ETF Company Profile

(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.

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Institutional Ownership by Quarter for Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP)

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