Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS – Get Free Report) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 4,420 shares, an increase of 70.3% from the July 15th total of 2,595 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 587 shares, the short-interest ratio is presently 7.5 days.
Hedge Funds Weigh In On Invesco S&P SmallCap 600 QVM Multi-factor ETF
Large investors have recently made changes to their positions in the business. Captrust Financial Advisors acquired a new stake in shares of Invesco S&P SmallCap 600 QVM Multi-factor ETF during the fourth quarter worth approximately $2,355,000. LPL Financial LLC lifted its position 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 worth $922,000 after buying an additional 614 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in Invesco S&P SmallCap 600 QVM Multi-factor ETF in the 2nd quarter worth approximately $226,000.
Invesco S&P SmallCap 600 QVM Multi-factor ETF Stock Performance
NYSEARCA:QVMS traded down $0.12 during trading hours on Monday, hitting $35.30. 150 shares of the company’s stock traded hands, compared to its average volume of 1,384. The firm has a market cap of $258.75 million, a P/E ratio of 16.36 and a beta of 1.00. Invesco S&P SmallCap 600 QVM Multi-factor ETF has a twelve month low of $26.45 and a twelve month high of $35.42. The stock’s fifty day moving average price is $34.30 and its two-hundred day moving average price is $32.03.
About Invesco S&P SmallCap 600 QVM Multi-factor ETF
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.
Further Reading
- Five stocks we like better than Invesco S&P SmallCap 600 QVM Multi-factor ETF
- Commodities Are Booming, But These 3 ETFs Tell Different Stories
- 3 Active ETFs Making Big Moves in August
- This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem
- Birkenstock Beats the Skeptics—But Not on EPS
Receive News & Ratings for Invesco S&P SmallCap 600 QVM Multi-factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P SmallCap 600 QVM Multi-factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
