Invesco Bloomberg MVP Multi-factor ETF (BMVP)
Invesco Bloomberg MVP Multi-factor ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $54.63, up 0.44% on the session, giving a market capitalisation of $102.3M. Its beta of 0.72 implies it has historically moved less than the broad market.
The Invesco Bloomberg MVP Multi-factor ETF aims to mirror the performance of the Bloomberg MVP Index. To achieve this, the Fund typically allocates a minimum of 90% of its total assets to the common stocks comprising this underlying benchmark. The Index itself is constructed from approximately 50 prominent U.S. large-capitalization companies. These firms are chosen for their robust fundamental characteristics across four key factors: momentum, value, low volatility, and profitability (collectively, MVP). Selection hinges on identifying companies that demonstrate superior momentum, minimized price fluctuations, attractive valuations, and strong earnings potential, all determined through a consolidated, sector-neutral MVP scoring methodology. Both the ETF and its benchmark undergo quarterly rebalancing and reconstitution, specifically in January, April, July, and October.
Invesco Bloomberg MVP Multi-factor ETF is most often compared with the following Financial Services names: