Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) Short Interest Down 88.7% in June

Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 22 shares, a decline of 88.7% from the May 31st total of 195 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 2,052 shares, the days-to-cover ratio is currently 0.0 days.

Invesco Bloomberg MVP Multi-factor ETF Stock Up 0.4%

NYSEARCA:BMVP traded up $0.21 during trading hours on Friday, reaching $51.24. 1,461 shares of the stock were exchanged, compared to its average volume of 1,437. The firm has a 50 day simple moving average of $51.40 and a 200-day simple moving average of $50.97. Invesco Bloomberg MVP Multi-factor ETF has a 52 week low of $47.44 and a 52 week high of $52.95. The stock has a market capitalization of $100.94 million, a P/E ratio of 20.94 and a beta of 0.89.

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

Several institutional investors and hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco Bloomberg MVP Multi-factor ETF by 7,071.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 88,350 shares of the company’s stock worth $4,315,000 after purchasing an additional 87,118 shares during the period. UBS Group AG raised its holdings 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 period. Osaic Holdings Inc. raised its holdings in shares of 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 worth $488,000 after purchasing an additional 4,624 shares during the period. Bank of America Corp DE lifted its position in shares of Invesco Bloomberg MVP Multi-factor ETF by 559.3% in the 2nd quarter. Bank of America Corp DE now owns 1,978 shares of the company’s stock worth $96,000 after buying an additional 1,678 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Invesco Bloomberg MVP Multi-factor ETF in the 2nd quarter worth about $70,000.

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.