Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML – Get Free Report) shares saw strong trading volume on Wednesday . 21,090 shares traded hands during trading, an increase of 96% from the previous session’s volume of 10,747 shares.The stock last traded at $45.27 and had previously closed at $45.28.
Invesco S&P 500 QVM Multi-factor ETF Trading Up 0.7%
The company’s 50-day moving average price is $44.64 and its two-hundred day moving average price is $42.57. The company has a market cap of $1.52 billion, a P/E ratio of 23.98 and a beta of 0.97.
Hedge Funds Weigh In On Invesco S&P 500 QVM Multi-factor ETF
Hedge funds have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its holdings in Invesco S&P 500 QVM Multi-factor ETF by 22.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 5,219 shares of the company’s stock valued at $205,000 after buying an additional 963 shares during the last quarter. Advisory Services Network LLC bought a new position in Invesco S&P 500 QVM Multi-factor ETF during the 3rd quarter worth approximately $114,000. Osaic Holdings Inc. lifted its holdings in 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 worth $221,000 after buying an additional 3,886 shares during the last quarter. HRT Financial LP acquired a new position in shares of Invesco S&P 500 QVM Multi-factor ETF in the 4th quarter worth approximately $233,000. Finally, Jane Street Group LLC grew its position in shares of Invesco S&P 500 QVM Multi-factor ETF by 71.7% in the 1st quarter. Jane Street Group LLC now owns 21,660 shares of the company’s stock worth $726,000 after acquiring an additional 9,043 shares in the last quarter.
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.
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