Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) Short Interest Down 62.7% in April

Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) was the recipient of a large drop in short interest in April. As of April 30th, there was short interest totaling 177 shares, a drop of 62.7% from the April 15th total of 474 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,621 shares, the days-to-cover ratio is presently 0.1 days.

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

A number of large investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco Bloomberg MVP Multi-factor ETF by 7,071.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 88,350 shares of the company’s stock valued at $4,315,000 after purchasing an additional 87,118 shares in the last quarter. UBS Group AG boosted its holdings 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 in 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. Truist Financial Corp acquired a new stake in shares of Invesco Bloomberg MVP Multi-factor ETF in the 3rd quarter valued at $309,000. Finally, Jones Financial Companies Lllp boosted its holdings in shares of Invesco Bloomberg MVP Multi-factor ETF by 53.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 4,429 shares of the company’s stock valued at $216,000 after purchasing an additional 1,548 shares in the last quarter.

Invesco Bloomberg MVP Multi-factor ETF Stock Down 0.5%

Shares of BMVP stock traded down $0.24 during trading hours on Friday, reaching $50.85. The company’s stock had a trading volume of 28 shares, compared to its average volume of 1,499. The firm’s 50 day simple moving average is $50.80 and its 200-day simple moving average is $50.35. The company has a market capitalization of $100.17 million, a price-to-earnings ratio of 20.94 and a beta of 0.91. Invesco Bloomberg MVP Multi-factor ETF has a fifty-two week low of $47.16 and a fifty-two week high of $52.95.

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.