Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) Sees Unusually-High Trading Volume

Shares of Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) saw unusually-high trading volume on Wednesday . Approximately 5,068 shares were traded during mid-day trading, an increase of 34% from the previous session’s volume of 3,782 shares.The stock last traded at $32.84 and had previously closed at $32.74.

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

The stock has a market capitalization of $1.00 billion, a P/E ratio of 25.29 and a beta of 0.98. The stock’s fifty day simple moving average is $32.61 and its two-hundred day simple moving average is $31.48.

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

A hedge fund recently bought a new stake in Invesco S&P 500 QVM Multi-factor ETF stock. Cetera Investment Advisers bought a new position in Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) in the 1st quarter, according to its most recent disclosure with the SEC. The firm bought 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 at the end of the most recent quarter.

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.