Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) Shares Down 0.9% – Should You Sell?

Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS)’s share price traded down 0.9% on Wednesday . The company traded as low as $28.91 and last traded at $28.91. 457 shares were traded during trading, a decline of 32% from the average session volume of 670 shares. The stock had previously closed at $29.19.

Invesco S&P SmallCap 600 QVM Multi-factor ETF Trading Down 0.9 %

The stock has a market capitalization of $210.78 million, a price-to-earnings ratio of 14.74 and a beta of 1.12. The stock’s 50 day moving average is $27.19 and its 200 day moving average is $26.20.

Institutional Trading of 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 increased its holdings in shares of Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) by 5.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 51,721 shares of the company’s stock after acquiring an additional 2,769 shares during the quarter. Cobblestone Capital Advisors LLC NY owned approximately 0.71% of Invesco S&P SmallCap 600 QVM Multi-factor ETF worth $1,286,000 at the end of the most recent quarter.

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.