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

Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) saw a large increase in short interest in February. As of February 27th, there was short interest totaling 141 shares, an increase of 93.2% from the February 12th total of 73 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 326 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 326 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are short sold.

Invesco Bloomberg MVP Multi-factor ETF Stock Performance

Invesco Bloomberg MVP Multi-factor ETF stock traded down $0.17 during trading on Friday, hitting $50.69. The company’s stock had a trading volume of 319 shares, compared to its average volume of 1,645. The stock has a market capitalization of $101.38 million, a price-to-earnings ratio of 20.94 and a beta of 0.95. The stock’s fifty day moving average is $51.57 and its 200 day moving average is $49.73. Invesco Bloomberg MVP Multi-factor ETF has a 1-year low of $42.01 and a 1-year high of $52.95.

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

Institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of Montreal Can boosted its holdings in shares of Invesco Bloomberg MVP Multi-factor ETF by 25.3% in the 2nd quarter. Bank of Montreal Can now owns 9,718 shares of the company’s stock valued at $470,000 after purchasing an additional 1,960 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new position in Invesco Bloomberg MVP Multi-factor ETF during the 2nd quarter worth approximately $39,000. Truist Financial Corp purchased a new position in Invesco Bloomberg MVP Multi-factor ETF in the 3rd quarter worth approximately $309,000. Raymond James Financial Inc. purchased a new position in Invesco Bloomberg MVP Multi-factor ETF in the 2nd quarter worth approximately $70,000. Finally, UBS Group AG grew its position in Invesco Bloomberg MVP Multi-factor ETF by 8.5% in the third quarter. UBS Group AG now owns 22,933 shares of the company’s stock valued at $1,124,000 after acquiring an additional 1,792 shares in the last quarter.

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.