Invesco S&P 500 QVM Multi-factor ETF $QVML Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC reduced its holdings in Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) by 7.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 610,124 shares of the company’s stock after selling 50,734 shares during the period. Private Advisor Group LLC owned approximately 1.65% of Invesco S&P 500 QVM Multi-factor ETF worth $23,346,000 as of its most recent filing with the Securities and Exchange Commission.

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

Invesco S&P 500 QVM Multi-factor ETF Price Performance

QVML stock opened at $43.99 on Friday. Invesco S&P 500 QVM Multi-factor ETF has a 1 year low of $36.56 and a 1 year high of $44.81. The firm has a market capitalization of $1.47 billion, a PE ratio of 23.98 and a beta of 0.97. The business has a 50 day simple moving average of $43.68 and a 200-day simple moving average of $41.36.

Invesco S&P 500 QVM Multi-factor ETF Profile

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.