Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) Shares Up 0.7% – Here’s Why

Shares of Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMSGet Free Report) shot up 0.7% during mid-day trading on Thursday . The stock traded as high as $31.97 and last traded at $31.90. 938 shares changed hands during trading, a decline of 9% from the average session volume of 1,035 shares. The stock had previously closed at $31.69.

Invesco S&P SmallCap 600 QVM Multi-factor ETF Stock Down 1.6%

The firm has a fifty day moving average of $30.46 and a 200-day moving average of $29.62. The stock has a market capitalization of $230.02 million, a price-to-earnings ratio of 16.36 and a beta of 1.03.

Institutional Investors Weigh In On Invesco S&P SmallCap 600 QVM Multi-factor ETF

A number of large investors have recently added to or reduced their stakes in the business. Cobblestone Capital Advisors LLC NY grew its stake in Invesco S&P SmallCap 600 QVM Multi-factor ETF by 1.6% in the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 105,588 shares of the company’s stock valued at $2,954,000 after acquiring an additional 1,618 shares during the last quarter. Captrust Financial Advisors acquired a new stake in Invesco S&P SmallCap 600 QVM Multi-factor ETF in the 4th quarter valued at about $2,355,000. LPL Financial LLC grew its stake in Invesco S&P SmallCap 600 QVM Multi-factor ETF by 1.9% in the 4th quarter. LPL Financial LLC now owns 32,656 shares of the company’s stock valued at $922,000 after acquiring an additional 614 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in Invesco S&P SmallCap 600 QVM Multi-factor ETF in the 2nd quarter valued at about $226,000.

Invesco S&P SmallCap 600 QVM Multi-factor ETF Company Profile

(Get Free Report)

The Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a market-cap-weighted index of small-cap companies in the US that exhibit quality, value and momentum factors. QVMS was launched on Jun 30, 2021 and is managed by Invesco.

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