Cetera Investment Advisers Cuts Stock Position in Invesco S&P 500 QVM Multi-factor ETF $QVML

Cetera Investment Advisers reduced its stake in Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) by 35.2% during the first quarter, according to its most recent filing with the SEC. The fund owned 90,188 shares of the company’s stock after selling 49,095 shares during the quarter. Cetera Investment Advisers’ holdings in Invesco S&P 500 QVM Multi-factor ETF were worth $3,451,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the company. Advisory Services Network LLC purchased a new stake in Invesco S&P 500 QVM Multi-factor ETF in the 3rd quarter worth about $114,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco S&P 500 QVM Multi-factor ETF by 22.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 5,219 shares of the company’s stock valued at $205,000 after purchasing an additional 963 shares in the last quarter. Osaic Holdings Inc. increased its stake in Invesco S&P 500 QVM Multi-factor ETF by 242.0% in the 4th quarter. Osaic Holdings Inc. now owns 5,492 shares of the company’s stock worth $221,000 after acquiring an additional 3,886 shares during the last quarter. HRT Financial LP bought a new position in shares of Invesco S&P 500 QVM Multi-factor ETF in the fourth quarter worth approximately $233,000. Finally, Jane Street Group LLC raised its position in shares of Invesco S&P 500 QVM Multi-factor ETF by 71.7% during the 1st quarter. Jane Street Group LLC now owns 21,660 shares of the company’s stock valued at $726,000 after buying an additional 9,043 shares in the last quarter.

Invesco S&P 500 QVM Multi-factor ETF Stock Down 0.1%

Shares of QVML stock opened at $45.80 on Thursday. The business has a 50-day moving average price of $44.18 and a two-hundred day moving average price of $42.00. The firm has a market cap of $1.53 billion, a P/E ratio of 23.98 and a beta of 0.97. Invesco S&P 500 QVM Multi-factor ETF has a 12-month low of $37.16 and a 12-month high of $46.16.

Invesco S&P 500 QVM Multi-factor ETF Company Profile

The Invesco S&P 500 QVM Multi-factor ETF (QVML) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a market-cap-weighted index that selects the top 90% of stocks in the S&P 500 based on three factors: quality, value, and momentum. QVML was launched on Jun 30, 2021 and is managed by Invesco.