Avestar Capital LLC purchased a new position in Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML – Free Report) during the third quarter, HoldingsChannel reports. The fund purchased 32,589 shares of the company’s stock, valued at approximately $1,471,000.
Separately, ACT Advisors LLC. acquired a new position in Invesco S&P 500 QVM Multi-factor ETF during the third quarter worth $247,000.
Invesco S&P 500 QVM Multi-factor ETF Stock Performance
Shares of QVML stock opened at $44.99 on Friday. The stock has a fifty day moving average price of $45.48 and a 200 day moving average price of $43.06. The stock has a market cap of $1.70 billion, a PE ratio of 23.98 and a beta of 0.97. Invesco S&P 500 QVM Multi-factor ETF has a 1 year low of $37.24 and a 1 year high of $46.38.
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.
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Want to see what other hedge funds are holding QVML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML – Free Report).
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