Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) Sees Unusually-High Trading Volume – Here’s Why

Posted by Oscar Bower on Jan 8th, 2025

Shares of Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML – Get Free Report) saw unusually-high trading volume on Monday . Approximately 1,615 shares were traded during trading, an increase of 18% from the previous session’s volume of 1,368 shares.The stock last traded at $35.24 and had previously closed at $34.90.

Invesco S&P 500 QVM Multi-factor ETF Stock Up 0.2 %

The stock has a fifty day moving average price of $35.05 and a two-hundred day moving average price of $33.79. The company has a market cap of $1.07 billion, a price-to-earnings ratio of 25.29 and a beta of 0.98.

Institutional Investors Weigh In On Invesco S&P 500 QVM Multi-factor ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in QVML. Cetera Investment Advisers boosted its position in shares of Invesco S&P 500 QVM Multi-factor ETF by 1.0% during the 2nd quarter. Cetera Investment Advisers now owns 140,360 shares of the company’s stock worth $4,546,000 after acquiring an additional 1,390 shares in the last quarter. RPg Family Wealth Advisory LLC bought a new stake in Invesco S&P 500 QVM Multi-factor ETF during the third quarter worth $5,727,000. Finally, Jane Street Group LLC acquired a new stake in shares of Invesco S&P 500 QVM Multi-factor ETF in the 3rd quarter valued at $625,000.

About Invesco S&P 500 QVM Multi-factor ETF

(Get Free Report)

The Invesco S&P 500 QVM Multi-factor ETF (QVML) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a market-cap-weighted index that selects the top 90% of stocks in the S&P 500 based on three factors: quality, value, and momentum. QVML was launched on Jun 30, 2021 and is managed by Invesco.