Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) Short Interest Up 93.2% in February

Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) saw a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 141 shares, a growth of 93.2% from the February 12th total of 73 shares. Based on an average daily volume of 326 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 326 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Invesco Bloomberg MVP Multi-factor ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew 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 buying an additional 87,118 shares during the period. Truist Financial Corp acquired a new stake in shares of Invesco Bloomberg MVP Multi-factor ETF during the third quarter valued at about $309,000. Osaic Holdings Inc. increased its holdings in Invesco Bloomberg MVP Multi-factor ETF by 86.2% during the 4th quarter. Osaic Holdings Inc. now owns 9,990 shares of the company’s stock worth $488,000 after purchasing an additional 4,624 shares during the last quarter. Bank of Montreal Can raised its holdings in Invesco Bloomberg MVP Multi-factor ETF by 25.3% in the second quarter. Bank of Montreal Can now owns 9,718 shares of the company’s stock valued at $470,000 after acquiring an additional 1,960 shares in the last quarter. Finally, UBS Group AG lifted its position in shares of Invesco Bloomberg MVP Multi-factor ETF by 8.5% during the third quarter. UBS Group AG now owns 22,933 shares of the company’s stock worth $1,124,000 after purchasing an additional 1,792 shares during the last quarter.

Invesco Bloomberg MVP Multi-factor ETF Stock Performance

NYSEARCA BMVP traded down $0.34 during mid-day trading on Thursday, reaching $50.86. 3,218 shares of the stock were exchanged, compared to its average volume of 1,673. The business’s fifty day simple moving average is $51.54 and its 200 day simple moving average is $49.71. The stock has a market capitalization of $101.72 million, a PE ratio of 20.94 and a beta of 0.95. Invesco Bloomberg MVP Multi-factor ETF has a 1-year low of $42.01 and a 1-year 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.