Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) Trading Up 0.1% – What’s Next?

Shares of Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) traded up 0.1% during mid-day trading on Thursday . The company traded as high as $30.80 and last traded at $30.58. 328 shares were traded during trading, an increase of 47% from the average session volume of 223 shares. The stock had previously closed at $30.56.

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

The firm has a market capitalization of $225.07 million, a P/E ratio of 16.36 and a beta of 1.05. The business has a 50 day moving average price of $28.77 and a 200 day moving average price of $27.88.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Invesco S&P SmallCap 600 QVM Multi-factor ETF stock. Cobblestone Capital Advisors LLC NY increased its stake in shares of Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) by 1.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 105,588 shares of the company’s stock after acquiring an additional 1,618 shares during the quarter. Cobblestone Capital Advisors LLC NY owned about 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.

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.