Bank of Montreal Can Invests $363,000 in Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP)

Bank of Montreal Can acquired a new stake in Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 7,758 shares of the company’s stock, valued at approximately $363,000.

Several other hedge funds have also made changes to their positions in BMVP. LPL Financial LLC boosted its holdings in Invesco Bloomberg MVP Multi-factor ETF by 0.8% during the fourth quarter. LPL Financial LLC now owns 94,762 shares of the company’s stock worth $4,439,000 after buying an additional 753 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Invesco Bloomberg MVP Multi-factor ETF by 59.0% in the 4th quarter. Jones Financial Companies Lllp now owns 2,400 shares of the company’s stock valued at $112,000 after purchasing an additional 891 shares during the last quarter. Finally, Entrewealth LLC purchased a new stake in Invesco Bloomberg MVP Multi-factor ETF during the fourth quarter worth approximately $236,000.

Invesco Bloomberg MVP Multi-factor ETF Trading Up 0.6 %

BMVP opened at $46.00 on Thursday. Invesco Bloomberg MVP Multi-factor ETF has a twelve month low of $42.01 and a twelve month high of $50.90. The company has a fifty day simple moving average of $46.94 and a 200 day simple moving average of $47.99. The firm has a market cap of $107.64 million, a price-to-earnings ratio of 18.00 and a beta of 0.98.

Invesco Bloomberg MVP Multi-factor ETF 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.