Ridgewood Investments LLC Cuts Stake in Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP)

Ridgewood Investments LLC reduced its stake in shares of Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) by 7.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,933 shares of the company’s stock after selling 295 shares during the quarter. Ridgewood Investments LLC’s holdings in Invesco Bloomberg MVP Multi-factor ETF were worth $184,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Creative Planning bought a new position in shares of Invesco Bloomberg MVP Multi-factor ETF during the 3rd quarter valued at approximately $217,000.

Invesco Bloomberg MVP Multi-factor ETF Price Performance

Shares of NYSEARCA BMVP traded down $0.43 during midday trading on Friday, reaching $46.65. 2,222 shares of the stock traded hands, compared to its average volume of 1,804. The stock has a market capitalization of $104.50 million, a PE ratio of 15.62 and a beta of 0.79. Invesco Bloomberg MVP Multi-factor ETF has a one year low of $39.89 and a one year high of $50.90. The company’s 50 day moving average is $48.62 and its 200 day moving average is $47.29.

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.