Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML – Get Free Report)’s stock price was up 0% during trading on Monday . The stock traded as high as $44.03 and last traded at $43.88. Approximately 2,950 shares were traded during trading, a decline of 55% from the average daily volume of 6,529 shares. The stock had previously closed at $43.87.
Invesco S&P 500 QVM Multi-factor ETF Trading Up 0.0%
The stock’s fifty day moving average is $44.08 and its two-hundred day moving average is $41.81. The firm has a market cap of $1.47 billion, a P/E ratio of 23.98 and a beta of 0.97.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the company. Axxcess Wealth Management LLC boosted its stake in Invesco S&P 500 QVM Multi-factor ETF by 99.1% during the fourth quarter. Axxcess Wealth Management LLC now owns 208,182 shares of the company’s stock valued at $8,364,000 after buying an additional 103,628 shares during the period. Osaic Holdings Inc. grew its position in Invesco S&P 500 QVM Multi-factor ETF by 242.0% during the fourth quarter. Osaic Holdings Inc. now owns 5,492 shares of the company’s stock worth $221,000 after buying an additional 3,886 shares in the last quarter. Jane Street Group LLC bought a new position in Invesco S&P 500 QVM Multi-factor ETF in the 4th quarter worth about $1,474,000. HRT Financial LP bought a new position in Invesco S&P 500 QVM Multi-factor ETF in the 4th quarter worth about $233,000. Finally, LPL Financial LLC raised its holdings in shares of Invesco S&P 500 QVM Multi-factor ETF by 80.8% in the 4th quarter. LPL Financial LLC now owns 78,530 shares of the company’s stock valued at $3,155,000 after acquiring an additional 35,089 shares in the last quarter.
About Invesco S&P 500 QVM Multi-factor ETF
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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