Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) Shares Down 2.2% – Time to Sell?

Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS)’s share price traded down 2.2% during trading on Monday . The stock traded as low as $26.87 and last traded at $26.87. 85 shares changed hands during trading, a decline of 91% from the average session volume of 992 shares. The stock had previously closed at $27.47.

Invesco S&P SmallCap 600 QVM Multi-factor ETF Stock Performance

The stock has a market cap of $197.76 million, a PE ratio of 16.36 and a beta of 1.05. The business has a 50 day moving average price of $27.87 and a two-hundred day moving average price of $26.69.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Invesco S&P SmallCap 600 QVM Multi-factor ETF stock. Cobblestone Capital Advisors LLC NY grew its holdings in shares of Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) by 1.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 105,588 shares of the company’s stock after purchasing an additional 1,618 shares during the quarter. Cobblestone Capital Advisors LLC NY owned approximately 1.43% of Invesco S&P SmallCap 600 QVM Multi-factor ETF worth $2,954,000 at the end of the most recent reporting period.

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

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.