Invesco S&P MidCap 400 QVM Multi-factor ETF (NYSEARCA:QVMM) Trading Up 0.2% – Time to Buy?

Invesco S&P MidCap 400 QVM Multi-factor ETF (NYSEARCA:QVMMGet Free Report) shares were up 0.2% during trading on Monday . The stock traded as high as $36.00 and last traded at $35.66. Approximately 1,609 shares changed hands during trading, a decline of 33% from the average daily volume of 2,404 shares. The stock had previously closed at $35.58.

Invesco S&P MidCap 400 QVM Multi-factor ETF Trading Up 0.2%

The company has a 50 day simple moving average of $34.19 and a 200 day simple moving average of $32.79. The stock has a market capitalization of $432.91 million, a PE ratio of 18.37 and a beta of 1.00.

Institutional Trading of Invesco S&P MidCap 400 QVM Multi-factor ETF

A hedge fund recently raised its stake in Invesco S&P MidCap 400 QVM Multi-factor ETF stock. Private Advisor Group LLC raised its stake in shares of Invesco S&P MidCap 400 QVM Multi-factor ETF (NYSEARCA:QVMMFree Report) by 1.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 51,471 shares of the company’s stock after acquiring an additional 779 shares during the period. Private Advisor Group LLC owned approximately 0.42% of Invesco S&P MidCap 400 QVM Multi-factor ETF worth $1,560,000 as of its most recent SEC filing.

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

(Get Free Report)

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.

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