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

Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 672 shares, a growth of 173.2% from the November 30th total of 246 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 1,535 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 1,535 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are sold short.

Hedge Funds Weigh In On Invesco Bloomberg MVP Multi-factor ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Quaker Wealth Management LLC increased its position in Invesco Bloomberg MVP Multi-factor ETF by 200.4% during the 2nd quarter. Quaker Wealth Management LLC now owns 717 shares of the company’s stock valued at $35,000 after purchasing an additional 1,431 shares during the period. Atlantic Union Bankshares Corp bought a new stake in shares of Invesco Bloomberg MVP Multi-factor ETF in the 2nd quarter valued at $39,000. Raymond James Financial Inc. acquired a new stake in shares of Invesco Bloomberg MVP Multi-factor ETF during the second quarter worth $70,000. Bank of America Corp DE increased its position 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 worth $96,000 after buying an additional 1,678 shares during the period. Finally, Jones Financial Companies Lllp raised its stake in Invesco Bloomberg MVP Multi-factor ETF by 53.7% during the third quarter. Jones Financial Companies Lllp now owns 4,429 shares of the company’s stock worth $216,000 after buying an additional 1,548 shares during the last quarter.

Invesco Bloomberg MVP Multi-factor ETF Stock Down 0.1%

BMVP traded down $0.03 during midday trading on Friday, hitting $49.44. 1,336 shares of the company were exchanged, compared to its average volume of 3,468. The firm has a market capitalization of $102.34 million, a P/E 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 $50.00. The firm’s 50 day moving average price is $48.76 and its 200-day moving average price is $48.54.

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.