Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 26,697 shares traded hands during trading, an increase of 306% from the previous session’s volume of 6,574 shares.The stock last traded at $43.72 and had previously closed at $43.30.
Invesco S&P 500 QVM Multi-factor ETF Price Performance
The firm has a market capitalization of $1.63 billion, a PE ratio of 23.98 and a beta of 0.97. The business’s 50 day moving average is $43.54 and its two-hundred day moving average is $41.28.
Institutional Trading of Invesco S&P 500 QVM Multi-factor ETF
A number of hedge funds have recently made changes to their positions in the stock. Advisory Services Network LLC purchased a new stake in Invesco S&P 500 QVM Multi-factor ETF during the third quarter valued at about $114,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco S&P 500 QVM Multi-factor ETF by 22.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 5,219 shares of the company’s stock valued at $205,000 after purchasing an additional 963 shares during the last quarter. Osaic Holdings Inc. increased its position in shares of Invesco S&P 500 QVM Multi-factor ETF by 242.0% during 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 last quarter. HRT Financial LP purchased a new position in shares of Invesco S&P 500 QVM Multi-factor ETF during the 4th quarter valued at about $233,000. Finally, Jane Street Group LLC raised its holdings 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 valued at $726,000 after buying an additional 9,043 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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