Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) Sees Strong Trading Volume – Time to Buy?

Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML – Get Free Report) saw strong trading volume on Tuesday. 105,618 shares traded hands during mid-day trading, an increase of 298% from the previous session’s volume of 26,516 shares. The stock last traded at $45.2860 and had previously closed at $45.33.

Invesco S&P 500 QVM Multi-factor ETF Stock Down 0.1%

The stock has a 50-day moving average of $45.20 and a 200 day moving average of $43.36. The stock has a market cap of $1.67 billion, a PE ratio of 23.98 and a beta of 0.97.

About Invesco S&P 500 QVM Multi-factor ETF

(Get Free Report)

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.

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