Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) Short Interest Down 97.2% in March

Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) was the recipient of a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 4 shares, a decline of 97.2% from the February 26th total of 141 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 1,077 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 1,077 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco Bloomberg MVP Multi-factor ETF by 7,071.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 88,350 shares of the company’s stock worth $4,315,000 after purchasing an additional 87,118 shares in the last quarter. Truist Financial Corp bought a new stake in shares of Invesco Bloomberg MVP Multi-factor ETF in the third quarter valued at approximately $309,000. Osaic Holdings Inc. lifted its stake in shares of Invesco Bloomberg MVP Multi-factor ETF by 86.2% during the 4th quarter. Osaic Holdings Inc. now owns 9,990 shares of the company’s stock valued at $488,000 after buying an additional 4,624 shares in the last quarter. UBS Group AG lifted its stake in shares of 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 valued at $1,124,000 after buying an additional 1,792 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in Invesco Bloomberg MVP Multi-factor ETF by 559.3% in the 2nd quarter. Bank of America Corp DE now owns 1,978 shares of the company’s stock worth $96,000 after buying an additional 1,678 shares during the period.

Invesco Bloomberg MVP Multi-factor ETF Trading Up 0.2%

Shares of BMVP stock traded up $0.12 on Tuesday, hitting $49.87. 677 shares of the stock were exchanged, compared to its average volume of 1,642. The firm has a market capitalization of $99.74 million, a PE ratio of 20.94 and a beta of 0.95. Invesco Bloomberg MVP Multi-factor ETF has a one year low of $42.01 and a one year high of $52.95. The firm’s 50 day moving average is $51.59 and its two-hundred day moving average is $49.79.

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.