Short Interest in Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) Decreases By 81.8%

Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) was the target of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 4 shares, a decrease of 81.8% from the June 15th total of 22 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 691 shares, the short-interest ratio is currently 0.0 days.

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

Institutional investors have recently modified their holdings of the stock. Raymond James Financial Inc. acquired a new position in shares of Invesco Bloomberg MVP Multi-factor ETF in the 2nd quarter valued at about $70,000. Bank of America Corp DE grew its holdings in Invesco Bloomberg MVP Multi-factor ETF by 559.3% during the second quarter. Bank of America Corp DE now owns 1,978 shares of the company’s stock worth $96,000 after acquiring an additional 1,678 shares during the period. Evanson Financial LLC purchased a new position in Invesco Bloomberg MVP Multi-factor ETF during the second quarter valued at approximately $309,000. Osaic Holdings Inc. lifted its holdings in Invesco Bloomberg MVP Multi-factor ETF by 86.2% in the fourth quarter. Osaic Holdings Inc. now owns 9,990 shares of the company’s stock valued at $488,000 after acquiring an additional 4,624 shares during the period. Finally, UBS Group AG lifted its holdings 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 during the period.

Invesco Bloomberg MVP Multi-factor ETF Stock Up 0.2%

Shares of NYSEARCA:BMVP traded up $0.08 during midday trading on Monday, reaching $52.24. The company’s stock had a trading volume of 2,397 shares, compared to its average volume of 1,405. The stock has a fifty day moving average of $51.48 and a 200 day moving average of $51.16. Invesco Bloomberg MVP Multi-factor ETF has a twelve month low of $47.44 and a twelve month high of $52.95. The firm has a market capitalization of $101.87 million, a PE ratio of 20.94 and a beta of 0.89.

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.