Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML – Get Free Report) shares saw strong trading volume on Wednesday . 329,189 shares were traded during trading, an increase of 3,799% from the previous session’s volume of 8,443 shares.The stock last traded at $45.80 and had previously closed at $45.68.
Invesco S&P 500 QVM Multi-factor ETF Trading Up 0.7%
The firm has a market cap of $1.54 billion, a PE ratio of 23.98 and a beta of 0.97. The company’s 50-day moving average is $44.32 and its 200 day moving average is $42.23.
Institutional Trading of Invesco S&P 500 QVM Multi-factor ETF
A number of hedge funds have recently modified their holdings of QVML. Jane Street Group LLC boosted its position in shares of Invesco S&P 500 QVM Multi-factor ETF by 71.7% in the first 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. Bank of America Corp DE lifted its stake in Invesco S&P 500 QVM Multi-factor ETF by 42.4% in the 2nd quarter. Bank of America Corp DE now owns 34,237 shares of the company’s stock worth $1,254,000 after acquiring an additional 10,191 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco S&P 500 QVM Multi-factor ETF by 22.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 5,219 shares of the company’s stock worth $205,000 after acquiring an additional 963 shares in the last quarter. Advisory Services Network LLC acquired a new stake in Invesco S&P 500 QVM Multi-factor ETF during the 3rd quarter worth about $114,000. Finally, Colonial River Investments LLC grew its stake in Invesco S&P 500 QVM Multi-factor ETF by 98.8% during the 4th 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.
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.
Recommended Stories
- Five stocks we like better than Invesco S&P 500 QVM Multi-factor ETF
- Inside Teledyne’s Bold Bet on the Future of Medical Imaging
- Why Are Analysts Freaking Out About Apple’s All-Glass iPhone?
- Asian Market Circuit Breakers Hit Stocks, Not AI Demand
- Riot Platforms Re-Wires the Ledger for a $9B AI Power Play
Receive News & Ratings for Invesco S&P 500 QVM Multi-factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 QVM Multi-factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
