Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) Sees Strong Trading Volume – What’s Next?

Posted by Anthony Miller on Jan 22nd, 2025

Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML – Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 4,441 shares traded hands during mid-day trading, an increase of 10% from the previous session’s volume of 4,039 shares.The stock last traded at $35.76 and had previously closed at $35.58.

Invesco S&P 500 QVM Multi-factor ETF Price Performance

The firm has a 50-day moving average of $35.09 and a 200-day moving average of $33.95. The stock has a market cap of $1.10 billion, a PE ratio of 25.29 and a beta of 0.98.

Institutional Trading of Invesco S&P 500 QVM Multi-factor ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC acquired a new position in Invesco S&P 500 QVM Multi-factor ETF during the third quarter worth $5,727,000. Cetera Investment Advisers grew its stake in shares of Invesco S&P 500 QVM Multi-factor ETF by 1.0% during the 2nd quarter. Cetera Investment Advisers now owns 140,360 shares of the company’s stock valued at $4,546,000 after buying an additional 1,390 shares during the period. Finally, Jane Street Group LLC bought a new stake in shares of Invesco S&P 500 QVM Multi-factor ETF in the 3rd quarter worth about $625,000.

About Invesco S&P 500 QVM Multi-factor ETF

(Get Free Report)

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.