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

Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) was the target of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 49 shares, a drop of 70.8% from the July 30th total of 168 shares. Based on an average daily volume of 887 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Invesco Bloomberg MVP Multi-factor ETF Stock Down 0.6%

Shares of Invesco Bloomberg MVP Multi-factor ETF stock traded down $0.35 on Thursday, reaching $54.52. The company’s stock had a trading volume of 650 shares, compared to its average volume of 1,314. Invesco Bloomberg MVP Multi-factor ETF has a 52 week low of $47.46 and a 52 week high of $55.18. The firm’s fifty day simple moving average is $52.97 and its two-hundred day simple moving average is $51.94. The company has a market capitalization of $106.31 million, a price-to-earnings ratio of 20.94 and a beta of 0.89.

Institutional Investors Weigh In On Invesco Bloomberg MVP Multi-factor ETF

Several large investors have recently bought and sold shares of BMVP. Washington Trust Advisors Inc. purchased a new stake in shares of Invesco Bloomberg MVP Multi-factor ETF during the 2nd quarter valued at about $40,000. Raymond James Financial Inc. purchased a new position in shares of Invesco Bloomberg MVP Multi-factor ETF during the second quarter valued at approximately $70,000. Bank of America Corp DE raised its holdings in shares of 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 valued at $96,000 after purchasing an additional 1,678 shares during the last quarter. Evanson Financial LLC bought a new position in Invesco Bloomberg MVP Multi-factor ETF during the second quarter valued at approximately $309,000. Finally, Osaic Holdings Inc. lifted its position in Invesco Bloomberg MVP Multi-factor ETF by 86.2% during the fourth 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 during the period.

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.