Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) Shares Up 0.7% – Here’s What Happened

Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS)’s share price rose 0.7% during trading on Wednesday . The company traded as high as $27.94 and last traded at $27.94. Approximately 972 shares traded hands during mid-day trading, a decline of 68% from the average daily volume of 3,012 shares. The stock had previously closed at $27.74.

Invesco S&P SmallCap 600 QVM Multi-factor ETF Stock Down 1.3 %

The business’s fifty day moving average is $27.85 and its two-hundred day moving average is $27.43. The firm has a market cap of $200.40 million, a price-to-earnings ratio of 14.74 and a beta of 1.12.

Hedge Funds Weigh In On Invesco S&P SmallCap 600 QVM Multi-factor ETF

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 11.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,882 shares of the company’s stock after buying 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 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.