Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) Sees Significant Decrease in Short Interest
by Doug Wharley · The Cerbat GemInvesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP – Get Free Report) was the recipient of a large decrease in short interest in January. As of January 15th, there was short interest totaling 172 shares, a decrease of 77.5% from the December 31st total of 764 shares. Based on an average daily volume of 3,072 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 3,072 shares, the short-interest ratio is currently 0.1 days.
Invesco Bloomberg MVP Multi-factor ETF Trading Down 0.5%
Shares of Invesco Bloomberg MVP Multi-factor ETF stock traded down $0.26 during trading on Wednesday, reaching $50.80. The stock had a trading volume of 761 shares, compared to its average volume of 2,570. The company has a market capitalization of $101.60 million, a price-to-earnings ratio of 20.94 and a beta of 0.95. The stock has a fifty day moving average price of $49.66 and a two-hundred day moving average price of $48.90. Invesco Bloomberg MVP Multi-factor ETF has a 52 week low of $42.01 and a 52 week high of $51.43.
Hedge Funds Weigh In On Invesco Bloomberg MVP Multi-factor ETF
Several hedge funds have recently made changes to their positions in the business. Quaker Wealth Management LLC raised its holdings in shares of Invesco Bloomberg MVP Multi-factor ETF by 200.4% in the second 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 last quarter. Bank of Montreal Can increased its stake in Invesco Bloomberg MVP Multi-factor ETF by 25.3% in the 2nd quarter. Bank of Montreal Can now owns 9,718 shares of the company’s stock valued at $470,000 after buying an additional 1,960 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new stake in Invesco Bloomberg MVP Multi-factor ETF in the 2nd quarter valued at $39,000. Raymond James Financial Inc. bought a new stake in Invesco Bloomberg MVP Multi-factor ETF during the 2nd quarter worth about $70,000. Finally, Bank of America Corp DE boosted its stake in shares of Invesco Bloomberg MVP Multi-factor ETF by 559.3% during 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.
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.