Invesco Bloomberg MVP Multi-factor ETF $BMVP Shares Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) by 7,071.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 88,350 shares of the company’s stock after buying an additional 87,118 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Invesco Bloomberg MVP Multi-factor ETF were worth $4,315,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. UBS Group AG boosted its position in Invesco Bloomberg MVP Multi-factor ETF by 8.5% in 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 during the last quarter. Bank of America Corp DE raised its stake in shares of 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 valued at $96,000 after purchasing an additional 1,678 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Invesco Bloomberg MVP Multi-factor ETF in the 2nd quarter valued at about $70,000. Jones Financial Companies Lllp raised its stake in 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, Truist Financial Corp acquired a new stake in Invesco Bloomberg MVP Multi-factor ETF during the third quarter worth about $309,000.

Invesco Bloomberg MVP Multi-factor ETF Stock Performance

NYSEARCA BMVP opened at $52.04 on Monday. Invesco Bloomberg MVP Multi-factor ETF has a 52 week low of $47.16 and a 52 week high of $52.95. The stock has a market cap of $102.52 million, a price-to-earnings ratio of 20.94 and a beta of 0.91. The company has a 50-day moving average price of $50.77 and a two-hundred day moving average price of $50.48.

Invesco Bloomberg MVP Multi-factor ETF 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.