Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) Hits New 12-Month High at $33.28

Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $33.28 and last traded at $33.28, with a volume of 1 shares changing hands. The stock had previously closed at $32.95.

Invesco S&P 500 QVM Multi-factor ETF Stock Up 0.4 %

The company has a market cap of $1.02 billion, a PE ratio of 25.29 and a beta of 0.98. The company has a 50-day moving average of $31.88 and a 200-day moving average of $30.36.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Invesco S&P 500 QVM Multi-factor ETF stock. Cetera Investment Advisers acquired a new stake in shares of Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) during the first quarter, according to its most recent filing with the SEC. The fund acquired 138,970 shares of the company’s stock, valued at approximately $4,324,000. Cetera Investment Advisers owned 0.45% of Invesco S&P 500 QVM Multi-factor ETF as of its most recent filing with the SEC.

About Invesco S&P 500 QVM Multi-factor ETF

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.