Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) Sees Large Decline in Short Interest

Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 288 shares, a decline of 72.0% from the April 15th total of 1,030 shares. Based on an average trading volume of 1,196 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On Invesco Bloomberg Analyst Rating Improvers ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. lifted its position in Invesco Bloomberg Analyst Rating Improvers ETF by 52,865.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 768,004 shares of the company’s stock valued at $56,825,000 after acquiring an additional 766,554 shares during the last quarter. Tower Research Capital LLC TRC lifted its position in Invesco Bloomberg Analyst Rating Improvers ETF by 85.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 26,578 shares of the company’s stock valued at $1,966,000 after acquiring an additional 12,267 shares during the last quarter. Aspire Growth Partners LLC lifted its position in Invesco Bloomberg Analyst Rating Improvers ETF by 1.7% in the fourth quarter. Aspire Growth Partners LLC now owns 10,518 shares of the company’s stock valued at $778,000 after acquiring an additional 178 shares during the last quarter. Susquehanna International Group LLP lifted its position in Invesco Bloomberg Analyst Rating Improvers ETF by 41.6% in the third quarter. Susquehanna International Group LLP now owns 9,419 shares of the company’s stock valued at $705,000 after acquiring an additional 2,765 shares during the last quarter. Finally, HRT Financial LP lifted its position in Invesco Bloomberg Analyst Rating Improvers ETF by 51.6% in the fourth quarter. HRT Financial LP now owns 9,026 shares of the company’s stock valued at $667,000 after acquiring an additional 3,073 shares during the last quarter.

Invesco Bloomberg Analyst Rating Improvers ETF Stock Down 0.8%

UPGD traded down $0.60 on Wednesday, reaching $76.63. The company had a trading volume of 182 shares, compared to its average volume of 2,911. Invesco Bloomberg Analyst Rating Improvers ETF has a 1 year low of $69.16 and a 1 year high of $79.47. The stock has a market capitalization of $111.11 million, a PE ratio of 20.47 and a beta of 0.92. The stock has a 50-day moving average price of $75.60 and a 200-day moving average price of $75.68.

About Invesco Bloomberg Analyst Rating Improvers ETF

The Invesco Bloomberg Analyst Rating Improvers ETF (UPGD) is an exchange-traded fund that is based on the Bloomberg ANR Improvers index. The fund tracks an equal-weighted index of large-and mid-cap US stocks that are identified to have the most improved consensus ratings based on analyst recommendations. UPGD was launched on May 19, 2006 and is issued by Invesco.