Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) Trading Down 0.5% – Here’s What Happened

Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) fell 0.5% on Tuesday . The company traded as low as $27.01 and last traded at $27.01. 33 shares were traded during trading, a decline of 95% from the average session volume of 696 shares. The stock had previously closed at $27.15.

Invesco S&P SmallCap 600 QVM Multi-factor ETF Trading Down 0.5 %

The company has a market capitalization of $196.92 million, a PE ratio of 14.74 and a beta of 1.12. The company has a fifty day simple moving average of $26.81 and a 200-day simple moving average of $25.83.

Institutional Trading of Invesco S&P SmallCap 600 QVM Multi-factor ETF

An institutional investor recently raised its position in Invesco S&P SmallCap 600 QVM Multi-factor ETF stock. Cobblestone Capital Advisors LLC NY boosted its stake in Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) by 5.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 51,721 shares of the company’s stock after buying an additional 2,769 shares during the period. Cobblestone Capital Advisors LLC NY owned approximately 0.71% of Invesco S&P SmallCap 600 QVM Multi-factor ETF worth $1,286,000 at the end of the most recent quarter.

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.