Empirical Asset Management LLC Decreases Position in Invesco S&P MidCap 400 QVM Multi-factor ETF $QVMM

Empirical Asset Management LLC cut its position in Invesco S&P MidCap 400 QVM Multi-factor ETF (NYSEARCA:QVMM) by 62.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 10,347 shares of the company’s stock after selling 17,268 shares during the quarter. Empirical Asset Management LLC’s holdings in Invesco S&P MidCap 400 QVM Multi-factor ETF were worth $318,000 as of its most recent SEC filing.

Separately, Private Advisor Group LLC raised its holdings in Invesco S&P MidCap 400 QVM Multi-factor ETF by 1.5% in the third quarter. Private Advisor Group LLC now owns 51,471 shares of the company’s stock worth $1,560,000 after buying an additional 779 shares during the last quarter.

Invesco S&P MidCap 400 QVM Multi-factor ETF Stock Performance

Shares of Invesco S&P MidCap 400 QVM Multi-factor ETF stock opened at $34.37 on Friday. The stock has a market capitalization of $417.25 million, a PE ratio of 18.37 and a beta of 1.01. Invesco S&P MidCap 400 QVM Multi-factor ETF has a 52-week low of $27.50 and a 52-week high of $35.05. The company has a 50-day simple moving average of $33.11 and a two-hundred day simple moving average of $32.21.

Invesco S&P MidCap 400 QVM Multi-factor ETF Profile

The Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks a market cap-weighted index of US mid-cap stocks that exhibit strong quality, value, and momentum based on a multi-factor score. QVMM was launched on Jun 30, 2021 and is managed by Invesco.