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

Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) was the recipient of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 22 shares, a drop of 88.7% from the May 31st total of 195 shares. Based on an average daily trading volume, of 2,052 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Invesco Bloomberg MVP Multi-factor ETF Stock Performance

Shares of Invesco Bloomberg MVP Multi-factor ETF stock traded up $0.02 on Friday, reaching $51.05. 861 shares of the stock were exchanged, compared to its average volume of 1,432. The firm’s 50 day moving average is $51.39 and its 200-day moving average is $50.97. Invesco Bloomberg MVP Multi-factor ETF has a one year low of $47.44 and a one year high of $52.95. The firm has a market cap of $100.57 million, a PE ratio of 20.94 and a beta of 0.89.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in BMVP. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco Bloomberg MVP Multi-factor ETF by 7,071.3% during 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 during the last quarter. Osaic Holdings Inc. boosted its holdings in shares of Invesco Bloomberg MVP Multi-factor ETF by 86.2% in the 4th quarter. Osaic Holdings Inc. now owns 9,990 shares of the company’s stock valued at $488,000 after purchasing an additional 4,624 shares in the last quarter. UBS Group AG increased its stake in shares of 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 purchasing an additional 1,792 shares during the last quarter. Bank of America Corp DE increased 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 during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of Invesco Bloomberg MVP Multi-factor ETF during the 2nd quarter worth $70,000.

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.