Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) Trading Up 2.3% – What’s Next?

Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMSGet Free Report) rose 2.3% on Monday . The stock traded as high as $25.35 and last traded at $25.35. Approximately 276 shares changed hands during mid-day trading, a decline of 70% from the average daily volume of 927 shares. The stock had previously closed at $24.79.

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

The stock has a 50-day simple moving average of $26.61 and a 200 day simple moving average of $27.31. The company has a market capitalization of $186.07 million, a PE ratio of 15.91 and a beta of 1.06.

Invesco S&P SmallCap 600 QVM Multi-factor ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be paid a dividend of $0.0488 per share. The ex-dividend date is Monday, March 24th.

Institutional Investors Weigh In On 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 raised its holdings in Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMSFree Report) by 11.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 0.79% of Invesco S&P SmallCap 600 QVM Multi-factor ETF worth $1,582,000 at the end of the most recent reporting period.

About Invesco S&P SmallCap 600 QVM Multi-factor ETF

(Get Free Report)

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.

Further Reading

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