Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) Short Interest Up 93.2% in February

Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) was the target of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 141 shares, a growth of 93.2% from the February 12th total of 73 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 326 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 326 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the shares of the company are sold short.

Invesco Bloomberg MVP Multi-factor ETF Stock Down 0.7%

Invesco Bloomberg MVP Multi-factor ETF stock traded down $0.34 during mid-day trading on Thursday, hitting $50.86. 3,218 shares of the company’s stock traded hands, compared to its average volume of 1,673. Invesco Bloomberg MVP Multi-factor ETF has a one year low of $42.01 and a one year high of $52.95. The firm has a 50 day moving average price of $51.54 and a 200 day moving average price of $49.71. The company has a market cap of $101.72 million, a PE ratio of 20.94 and a beta of 0.95.

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

Several hedge funds have recently modified their holdings of BMVP. Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco Bloomberg MVP Multi-factor ETF by 7,071.3% in the 4th 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 in the last quarter. Truist Financial Corp purchased a new stake in Invesco Bloomberg MVP Multi-factor ETF in the 3rd quarter worth approximately $309,000. Osaic Holdings Inc. boosted its stake in shares of Invesco Bloomberg MVP Multi-factor ETF by 86.2% during the 4th quarter. Osaic Holdings Inc. now owns 9,990 shares of the company’s stock valued at $488,000 after buying an additional 4,624 shares during the period. Bank of Montreal Can grew its holdings in shares of Invesco Bloomberg MVP Multi-factor ETF by 25.3% during the 2nd quarter. Bank of Montreal Can now owns 9,718 shares of the company’s stock valued at $470,000 after acquiring an additional 1,960 shares in the last quarter. Finally, UBS Group AG grew its stake in Invesco Bloomberg MVP Multi-factor ETF by 8.5% in the third quarter. UBS Group AG now owns 22,933 shares of the company’s stock valued at $1,124,000 after purchasing an additional 1,792 shares in 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.