Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) Stock Price Up 1.4% – Here’s What Happened

Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS)’s stock price traded up 1.4% during mid-day trading on Tuesday . The stock traded as high as $27.05 and last traded at $27.05. 5,361 shares changed hands during mid-day trading, a decline of 10% from the average session volume of 5,958 shares. The stock had previously closed at $26.68.

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

The company has a market capitalization of $197.19 million, a PE ratio of 14.74 and a beta of 1.12. The firm’s 50-day simple moving average is $28.32 and its 200 day simple moving average is $27.19.

Institutional Investors 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 boosted its position in Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) by 11.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 57,882 shares of the company’s stock after purchasing an additional 6,161 shares during the quarter. Cobblestone Capital Advisors LLC NY owned about 0.79% of Invesco S&P SmallCap 600 QVM Multi-factor ETF worth $1,582,000 as of its most recent filing with the Securities and Exchange Commission.

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.