LPL Financial LLC Boosts Stake in Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS)

LPL Financial LLC raised its position in Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) by 6.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 28,267 shares of the company’s stock after purchasing an additional 1,629 shares during the quarter. LPL Financial LLC owned about 0.39% of Invesco S&P SmallCap 600 QVM Multi-factor ETF worth $765,000 as of its most recent SEC filing.

Separately, Cobblestone Capital Advisors LLC NY boosted its stake in Invesco S&P SmallCap 600 QVM Multi-factor ETF by 1.3% during the fourth quarter. Cobblestone Capital Advisors LLC NY now owns 58,649 shares of the company’s stock worth $1,587,000 after buying an additional 767 shares during the period.

Invesco S&P SmallCap 600 QVM Multi-factor ETF Stock Performance

Shares of QVMS stock opened at $22.81 on Wednesday. Invesco S&P SmallCap 600 QVM Multi-factor ETF has a fifty-two week low of $21.21 and a fifty-two week high of $29.90. The company has a 50 day moving average price of $24.55 and a 200 day moving average price of $26.73. The stock has a market capitalization of $167.43 million, a P/E ratio of 14.67 and a beta of 1.06.

Invesco S&P SmallCap 600 QVM Multi-factor ETF Profile

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.