Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS – Get Free Report) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 4,420 shares, an increase of 70.3% from the July 15th total of 2,595 shares. Based on an average trading volume of 587 shares, the short-interest ratio is presently 7.5 days. Currently, 0.1% of the company’s stock are short sold.
Institutional Investors Weigh In On Invesco S&P SmallCap 600 QVM Multi-factor ETF
Large investors have recently made changes to their positions in the company. LPL Financial LLC lifted its stake in Invesco S&P SmallCap 600 QVM Multi-factor ETF by 1.9% in the fourth quarter. LPL Financial LLC now owns 32,656 shares of the company’s stock valued at $922,000 after acquiring an additional 614 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Invesco S&P SmallCap 600 QVM Multi-factor ETF during the 2nd quarter worth $226,000. Finally, Captrust Financial Advisors bought a new position in shares of Invesco S&P SmallCap 600 QVM Multi-factor ETF during the 4th quarter valued at $2,355,000.
Invesco S&P SmallCap 600 QVM Multi-factor ETF Price Performance
QVMS traded down $0.12 during trading on Monday, reaching $35.30. 150 shares of the stock traded hands, compared to its average volume of 1,384. The stock’s 50-day simple moving average is $34.30 and its two-hundred day simple moving average is $32.03. Invesco S&P SmallCap 600 QVM Multi-factor ETF has a fifty-two week low of $26.45 and a fifty-two week high of $35.42. The stock has a market cap of $258.75 million, a price-to-earnings ratio of 16.36 and a beta of 1.00.
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.
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