Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) Trading 1.4% Higher – Here’s Why

Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS)’s stock price shot up 1.4% on Tuesday . The company traded as high as $27.05 and last traded at $27.05. 5,361 shares traded hands during mid-day trading, a decline of 10% from the average session volume of 5,958 shares. The stock had previously closed at $26.68.

Invesco S&P SmallCap 600 QVM Multi-factor ETF Price Performance

The firm has a market cap of $197.19 million, a PE ratio of 14.74 and a beta of 1.12. The company has a 50 day simple moving average of $28.32 and a 200-day simple moving average of $27.19.

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 grew its holdings in shares of Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) by 11.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 57,882 shares of the company’s stock after purchasing an additional 6,161 shares during the period. Cobblestone Capital Advisors LLC NY owned approximately 0.79% of Invesco S&P SmallCap 600 QVM Multi-factor ETF worth $1,582,000 as of its most recent SEC filing.

Invesco S&P SmallCap 600 QVM Multi-factor ETF Company Profile

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.