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

Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) saw a significant decrease in short interest in February. As of February 13th, there was short interest totaling 73 shares, a decrease of 63.5% from the January 29th total of 200 shares. Based on an average daily volume of 1,517 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 1,517 shares, the short-interest ratio is presently 0.0 days.

Invesco Bloomberg MVP Multi-factor ETF Stock Performance

Shares of BMVP traded up $0.12 during midday trading on Friday, hitting $52.81. 118 shares of the stock were exchanged, compared to its average volume of 1,803. Invesco Bloomberg MVP Multi-factor ETF has a 52-week low of $42.01 and a 52-week high of $52.95. The stock has a fifty day simple moving average of $51.05 and a 200 day simple moving average of $49.53. The firm has a market cap of $105.62 million, a P/E ratio of 20.94 and a beta of 0.95.

Institutional Trading of Invesco Bloomberg MVP Multi-factor ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Atlantic Union Bankshares Corp acquired a new stake in shares of Invesco Bloomberg MVP Multi-factor ETF during the second quarter worth about $39,000. Quaker Wealth Management LLC boosted its holdings in Invesco Bloomberg MVP Multi-factor ETF by 200.4% in the second quarter. Quaker Wealth Management LLC now owns 717 shares of the company’s stock valued at $35,000 after purchasing an additional 1,431 shares during the period. Raymond James Financial Inc. purchased a new position in Invesco Bloomberg MVP Multi-factor ETF in the second quarter valued at $70,000. Jones Financial Companies Lllp grew its stake in Invesco Bloomberg MVP Multi-factor ETF by 53.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 4,429 shares of the company’s stock worth $216,000 after purchasing an additional 1,548 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings 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 worth $96,000 after purchasing an additional 1,678 shares during the period.

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.