Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) Trading Down 1.1% – Here’s Why

Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMSGet Free Report)’s stock price was down 1.1% during mid-day trading on Thursday . The company traded as low as $25.98 and last traded at $25.98. Approximately 1,386 shares changed hands during mid-day trading, a decline of 43% from the average daily volume of 2,447 shares. The stock had previously closed at $26.28.

Invesco S&P SmallCap 600 QVM Multi-factor ETF Trading Down 1.4 %

The firm has a 50-day moving average price of $27.33 and a 200-day moving average price of $27.48. The stock has a market capitalization of $190.14 million, a PE ratio of 16.71 and a beta of 1.05.

Institutional Trading of 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. LPL Financial LLC increased its holdings in Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMSFree Report) by 6.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 28,267 shares of the company’s stock after buying an additional 1,629 shares during the period. LPL Financial LLC owned 0.39% of Invesco S&P SmallCap 600 QVM Multi-factor ETF worth $765,000 as of its most recent SEC filing.

About Invesco S&P SmallCap 600 QVM Multi-factor ETF

(Get Free Report)

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.

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