Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) Trading 0.8% Higher – Still a Buy?

Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMSGet Free Report)’s share price traded up 0.8% on Friday . The stock traded as high as $34.78 and last traded at $34.78. 3,937 shares were traded during mid-day trading, an increase of 198% from the average daily volume of 1,320 shares. The stock had previously closed at $34.49.

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

The company has a market cap of $254.94 million, a price-to-earnings ratio of 16.36 and a beta of 1.02. The firm has a 50 day simple moving average of $32.60 and a 200-day simple moving average of $30.72.

Institutional Trading of Invesco S&P SmallCap 600 QVM Multi-factor ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Captrust Financial Advisors acquired a new position in Invesco S&P SmallCap 600 QVM Multi-factor ETF in the fourth quarter valued at about $2,355,000. LPL Financial LLC increased its position in shares of Invesco S&P SmallCap 600 QVM Multi-factor ETF by 1.9% during the fourth 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. Cobblestone Capital Advisors LLC NY raised its stake in shares of 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 period. Finally, Jane Street Group LLC purchased a new stake in shares of Invesco S&P SmallCap 600 QVM Multi-factor ETF in the 2nd quarter valued at approximately $226,000.

About Invesco S&P SmallCap 600 QVM Multi-factor ETF

(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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