Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) Short Interest Update

Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 6,267 shares, a decrease of 41.9% from the June 30th total of 10,794 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 6,614 shares, the short-interest ratio is currently 0.9 days.

Invesco S&P 500 QVM Multi-factor ETF Stock Up 0.9%

Shares of QVML stock traded up $0.38 during mid-day trading on Friday, reaching $44.44. The stock had a trading volume of 84,760 shares, compared to its average volume of 7,875. Invesco S&P 500 QVM Multi-factor ETF has a one year low of $36.56 and a one year high of $44.81. The firm has a market cap of $1.48 billion, a PE ratio of 23.98 and a beta of 0.97. The firm’s 50 day simple moving average is $44.09 and its 200 day simple moving average is $41.88.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco S&P 500 QVM Multi-factor ETF by 22.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 5,219 shares of the company’s stock worth $205,000 after purchasing an additional 963 shares during the period. Advisory Services Network LLC bought a new stake in shares of Invesco S&P 500 QVM Multi-factor ETF in the 3rd quarter valued at approximately $114,000. Osaic Holdings Inc. grew its stake in shares of Invesco S&P 500 QVM Multi-factor ETF by 242.0% in the 4th quarter. Osaic Holdings Inc. now owns 5,492 shares of the company’s stock valued at $221,000 after purchasing an additional 3,886 shares during the period. HRT Financial LP acquired a new position in shares of Invesco S&P 500 QVM Multi-factor ETF in the 4th quarter worth approximately $233,000. Finally, Jane Street Group LLC lifted its position in shares of Invesco S&P 500 QVM Multi-factor ETF by 71.7% during the 1st quarter. Jane Street Group LLC now owns 21,660 shares of the company’s stock worth $726,000 after buying an additional 9,043 shares during the period.

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.