Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS – Get Free Report) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 1,921 shares, a decline of 56.5% from the July 30th total of 4,420 shares. Based on an average trading volume of 835 shares, the short-interest ratio is currently 2.3 days. Approximately 0.0% of the shares of the stock are short sold.
Invesco S&P SmallCap 600 QVM Multi-factor ETF Trading Down 0.8%
NYSEARCA QVMS traded down $0.29 on Friday, reaching $34.13. The company’s stock had a trading volume of 61 shares, compared to its average volume of 1,334. The firm has a market cap of $250.17 million, a PE ratio of 16.36 and a beta of 1.00. The business has a 50-day moving average price of $34.51 and a 200 day moving average price of $32.32. Invesco S&P SmallCap 600 QVM Multi-factor ETF has a 52 week low of $26.45 and a 52 week high of $35.42.
Institutional Investors Weigh In On Invesco S&P SmallCap 600 QVM Multi-factor ETF
Large investors have recently modified their holdings of the stock. Captrust Financial Advisors acquired a new position in shares of Invesco S&P SmallCap 600 QVM Multi-factor ETF in the 4th quarter worth approximately $2,355,000. LPL Financial LLC boosted its stake in Invesco S&P SmallCap 600 QVM Multi-factor ETF by 1.9% in the 4th quarter. LPL Financial LLC now owns 32,656 shares of the company’s stock valued at $922,000 after buying an additional 614 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in Invesco S&P SmallCap 600 QVM Multi-factor ETF in the second quarter valued at $226,000.
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.
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