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

Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totaling 9,462 shares, an increase of 45.1% from the March 15th total of 6,520 shares. Based on an average daily volume of 3,766 shares, the short-interest ratio is presently 2.5 days. Currently, 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On Invesco S&P 500 QVM Multi-factor ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Colonial River Investments LLC lifted its position in shares of Invesco S&P 500 QVM Multi-factor ETF by 98.8% in the fourth quarter. Colonial River Investments LLC now owns 208,641 shares of the company’s stock valued at $8,383,000 after acquiring an additional 103,688 shares in the last quarter. Axxcess Wealth Management LLC raised its position in shares of Invesco S&P 500 QVM Multi-factor ETF by 99.4% in the fourth quarter. Axxcess Wealth Management LLC now owns 208,499 shares of the company’s stock valued at $8,377,000 after buying an additional 103,945 shares during the last quarter. RPg Family Wealth Advisory LLC raised its position in shares of Invesco S&P 500 QVM Multi-factor ETF by 0.9% in the third quarter. RPg Family Wealth Advisory LLC now owns 149,398 shares of the company’s stock valued at $5,868,000 after buying an additional 1,338 shares during the last quarter. LPL Financial LLC raised its position in shares of Invesco S&P 500 QVM Multi-factor ETF by 80.8% in the fourth quarter. LPL Financial LLC now owns 78,530 shares of the company’s stock valued at $3,155,000 after buying an additional 35,089 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of Invesco S&P 500 QVM Multi-factor ETF in the fourth quarter valued at about $1,474,000.

Invesco S&P 500 QVM Multi-factor ETF Stock Up 1.1%

Shares of NYSEARCA QVML traded up $0.44 during midday trading on Tuesday, hitting $41.02. The stock had a trading volume of 1,464 shares, compared to its average volume of 6,712. The company has a market capitalization of $1.52 billion, a PE ratio of 23.98 and a beta of 0.97. The stock has a 50 day simple moving average of $39.65 and a 200-day simple moving average of $39.87. Invesco S&P 500 QVM Multi-factor ETF has a 1 year low of $30.36 and a 1 year high of $41.06.

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.