Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML – Get Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 2,980 shares were traded during mid-day trading, an increase of 6% from the previous session’s volume of 2,816 shares.The stock last traded at $34.33 and had previously closed at $34.33.
Invesco S&P 500 QVM Multi-factor ETF Trading Down 0.1 %
The stock’s 50-day simple moving average is $35.10 and its 200-day simple moving average is $33.87. The stock has a market cap of $1.07 billion, a price-to-earnings ratio of 25.29 and a beta of 0.98.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the business. Jane Street Group LLC bought a new position in shares of Invesco S&P 500 QVM Multi-factor ETF in the 3rd quarter worth about $625,000. Cetera Investment Advisers lifted its holdings in shares of Invesco S&P 500 QVM Multi-factor ETF by 1.0% in the 2nd quarter. Cetera Investment Advisers now owns 140,360 shares of the company’s stock worth $4,546,000 after purchasing an additional 1,390 shares in the last quarter. Finally, RPg Family Wealth Advisory LLC bought a new stake in shares of Invesco S&P 500 QVM Multi-factor ETF during the third quarter worth about $5,727,000.
Invesco S&P 500 QVM Multi-factor ETF Company Profile
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.
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