Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) Short Interest Down 36.1% in December

Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 2,398 shares, a decline of 36.1% from the November 30th total of 3,751 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 1,859 shares, the short-interest ratio is presently 1.3 days. Based on an average trading volume of 1,859 shares, the short-interest ratio is presently 1.3 days. Approximately 0.0% of the shares of the stock are sold short.

Invesco S&P 500 QVM Multi-factor ETF Trading Down 0.5%

Invesco S&P 500 QVM Multi-factor ETF stock traded down $0.22 during trading on Monday, hitting $40.41. 9,899 shares of the company were exchanged, compared to its average volume of 14,112. The company has a market capitalization of $1.49 billion, a P/E ratio of 23.98 and a beta of 0.97. Invesco S&P 500 QVM Multi-factor ETF has a 52 week low of $28.80 and a 52 week high of $40.68. The business’s 50 day moving average is $39.93 and its 200 day moving average is $38.54.

Institutional Investors Weigh In On Invesco S&P 500 QVM Multi-factor ETF

Large investors have recently made changes to their positions in the company. Advisory Services Network LLC bought a new stake in Invesco S&P 500 QVM Multi-factor ETF in the 3rd quarter valued at $114,000. Northwestern Mutual Wealth Management Co. raised its position in shares of 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 worth $205,000 after acquiring an additional 963 shares during the period. RPg Family Wealth Advisory LLC increased its position in shares of Invesco S&P 500 QVM Multi-factor ETF by 0.9% during the third quarter. RPg Family Wealth Advisory LLC now owns 149,398 shares of the company’s stock worth $5,868,000 after purchasing an additional 1,338 shares in the last quarter. Bank of America Corp DE grew its stake in shares of 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 valued at $1,254,000 after buying an additional 10,191 shares during the period. Finally, Private Trust Co. NA acquired a new position in Invesco S&P 500 QVM Multi-factor ETF during the second quarter worth $44,000.

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.