Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) Sees Significant Decrease in Short Interest

Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 172 shares, a decline of 77.5% from the December 31st total of 764 shares. Based on an average daily trading volume, of 3,072 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 3,072 shares, the short-interest ratio is currently 0.1 days.

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

Several institutional investors and hedge funds have recently modified their holdings of BMVP. UBS Group AG raised its holdings in Invesco Bloomberg MVP Multi-factor ETF by 8.5% during 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. Bank of Montreal Can boosted its holdings in shares of Invesco Bloomberg MVP Multi-factor ETF by 25.3% in the second quarter. Bank of Montreal Can now owns 9,718 shares of the company’s stock valued at $470,000 after buying an additional 1,960 shares during the period. Truist Financial Corp bought a new stake in shares of Invesco Bloomberg MVP Multi-factor ETF during the third quarter worth $309,000. Jones Financial Companies Lllp raised its holdings in shares of Invesco Bloomberg MVP Multi-factor ETF by 53.7% during the third quarter. Jones Financial Companies Lllp now owns 4,429 shares of the company’s stock worth $216,000 after acquiring an additional 1,548 shares during the period. Finally, Bank of America Corp DE raised its holdings 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 during the period.

Invesco Bloomberg MVP Multi-factor ETF Stock Down 0.5%

Invesco Bloomberg MVP Multi-factor ETF stock traded down $0.26 during mid-day trading on Wednesday, hitting $50.80. 761 shares of the company’s stock were exchanged, compared to its average volume of 2,570. Invesco Bloomberg MVP Multi-factor ETF has a fifty-two week low of $42.01 and a fifty-two week high of $51.43. The firm has a market capitalization of $101.60 million, a P/E ratio of 20.94 and a beta of 0.95. The company’s 50 day simple moving average is $49.66 and its 200-day simple moving average is $48.90.

Invesco Bloomberg MVP Multi-factor ETF Company Profile

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.