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

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

Invesco Bloomberg MVP Multi-factor ETF Stock Up 0.6%

Shares of BMVP stock traded up $0.28 during trading on Thursday, hitting $51.09. The company had a trading volume of 392 shares, compared to its average volume of 1,516. The stock’s 50-day moving average is $50.87 and its two-hundred day moving average is $50.33. The stock has a market capitalization of $100.65 million, a price-to-earnings ratio of 20.94 and a beta of 0.91. Invesco Bloomberg MVP Multi-factor ETF has a 52 week low of $47.16 and a 52 week high of $52.95.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. grew its position 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 valued at $4,315,000 after acquiring an additional 87,118 shares during the last quarter. Truist Financial Corp bought a new position in Invesco Bloomberg MVP Multi-factor ETF during the third quarter valued at approximately $309,000. Osaic Holdings Inc. grew its position in 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 valued at $488,000 after acquiring an additional 4,624 shares during the last quarter. UBS Group AG grew its position in 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 valued at $1,124,000 after acquiring an additional 1,792 shares during the last quarter. Finally, Bank of America Corp DE grew its position in 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 valued at $96,000 after acquiring an additional 1,678 shares during the last quarter.

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.