Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP – Get Free Report) saw a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 600 shares, an increase of 50.0% from the May 15th total of 400 shares. Based on an average trading volume of 2,200 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are short sold.
Invesco Bloomberg MVP Multi-factor ETF Stock Down 0.6%
Invesco Bloomberg MVP Multi-factor ETF stock opened at $47.60 on Wednesday. The business’s 50-day simple moving average is $47.00 and its 200 day simple moving average is $47.54. The stock has a market cap of $109.96 million, a price-to-earnings ratio of 21.07 and a beta of 0.97. Invesco Bloomberg MVP Multi-factor ETF has a 12-month low of $42.01 and a 12-month high of $50.90.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the business. Royal Harbor Partners LLC acquired a new position in Invesco Bloomberg MVP Multi-factor ETF in the first quarter valued at approximately $7,864,000. Bank of Montreal Can bought a new stake in shares of Invesco Bloomberg MVP Multi-factor ETF during the 4th quarter valued at $363,000. Dale Q Rice Investment Management Ltd acquired a new position in shares of Invesco Bloomberg MVP Multi-factor ETF in the 1st quarter valued at $297,000. Entrewealth LLC acquired a new position in shares of Invesco Bloomberg MVP Multi-factor ETF in the 4th quarter valued at $236,000. Finally, Citadel Advisors LLC bought a new position in shares of Invesco Bloomberg MVP Multi-factor ETF in the 4th quarter worth $226,000.
Invesco Bloomberg MVP Multi-factor ETF Company Profile
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.
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