Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) Short Interest Update

Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 7,048 shares, an increase of 21.8% from the January 29th total of 5,786 shares. Based on an average daily volume of 12,546 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 12,546 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds Weigh In On Invesco S&P 500 QVM Multi-factor ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Advisory Services Network LLC purchased a new stake in shares of Invesco S&P 500 QVM Multi-factor ETF in the third quarter worth approximately $114,000. Northwestern Mutual Wealth Management Co. increased its stake in Invesco S&P 500 QVM Multi-factor ETF by 22.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 5,219 shares of the company’s stock valued at $205,000 after buying an additional 963 shares during the period. Osaic Holdings Inc. increased its stake in Invesco S&P 500 QVM Multi-factor ETF by 242.0% in the 4th quarter. Osaic Holdings Inc. now owns 5,492 shares of the company’s stock valued at $221,000 after buying an additional 3,886 shares during the period. HRT Financial LP purchased a new stake in Invesco S&P 500 QVM Multi-factor ETF in the 4th quarter worth approximately $233,000. Finally, Jane Street Group LLC lifted its position in Invesco S&P 500 QVM Multi-factor ETF by 71.7% in the 1st quarter. Jane Street Group LLC now owns 21,660 shares of the company’s stock worth $726,000 after buying an additional 9,043 shares in the last quarter.

Invesco S&P 500 QVM Multi-factor ETF Stock Down 0.7%

Shares of Invesco S&P 500 QVM Multi-factor ETF stock opened at $40.07 on Friday. Invesco S&P 500 QVM Multi-factor ETF has a 12 month low of $28.80 and a 12 month high of $41.06. The stock has a market cap of $1.48 billion, a PE ratio of 23.98 and a beta of 0.97. The business has a fifty day simple moving average of $40.48 and a 200-day simple moving average of $39.74.

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.