Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) Trading Down 0.6%

Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS)’s stock price traded down 0.6% during trading on Thursday . The stock traded as low as $26.23 and last traded at $26.23. 333 shares changed hands during mid-day trading, a decline of 54% from the average session volume of 722 shares. The stock had previously closed at $26.38.

Invesco S&P SmallCap 600 QVM Multi-factor ETF Stock Down 1.6 %

The stock has a 50-day moving average of $26.25 and a 200 day moving average of $25.40. The stock has a market cap of $188.09 million, a PE ratio of 14.74 and a beta of 1.12.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Invesco S&P SmallCap 600 QVM Multi-factor ETF stock. Cobblestone Capital Advisors LLC NY increased its holdings in Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) by 5.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 51,721 shares of the company’s stock after acquiring an additional 2,769 shares during the period. Cobblestone Capital Advisors LLC NY owned approximately 0.71% of Invesco S&P SmallCap 600 QVM Multi-factor ETF worth $1,286,000 at the end of the most recent quarter.

Invesco S&P SmallCap 600 QVM Multi-factor ETF Company Profile

The Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a market-cap-weighted index of small-cap companies in the US that exhibit quality, value and momentum factors. QVMS was launched on Jun 30, 2021 and is managed by Invesco.