Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) Trading 0.4% Higher

Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS)’s stock price shot up 0.4% during trading on Monday . The stock traded as high as $27.33 and last traded at $27.33. 37 shares were traded during mid-day trading, a decline of 95% from the average session volume of 741 shares. The stock had previously closed at $27.22.

Invesco S&P SmallCap 600 QVM Multi-factor ETF Trading Up 0.4 %

The stock has a 50 day moving average price of $26.60 and a 200 day moving average price of $25.62. The company has a market capitalization of $199.20 million, a P/E ratio of 14.74 and a beta of 1.12.

Hedge Funds Weigh In On Invesco S&P SmallCap 600 QVM Multi-factor ETF

An institutional investor recently raised its position in Invesco S&P SmallCap 600 QVM Multi-factor ETF stock. Cobblestone Capital Advisors LLC NY lifted its stake in shares of Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) by 5.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,721 shares of the company’s stock after purchasing an additional 2,769 shares during the quarter. Cobblestone Capital Advisors LLC NY owned about 0.71% of Invesco S&P SmallCap 600 QVM Multi-factor ETF worth $1,286,000 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.