Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) Stock Position Raised by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. grew its stake in shares of Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) by 1.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,199 shares of the company’s stock after purchasing an additional 385 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.07% of Invesco S&P 500 QVM Multi-factor ETF worth $698,000 as of its most recent SEC filing.

Separately, Jane Street Group LLC bought a new stake in shares of Invesco S&P 500 QVM Multi-factor ETF during the third quarter valued at approximately $625,000.

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

NYSEARCA:QVML opened at $33.53 on Friday. The business has a fifty day moving average of $32.94 and a 200-day moving average of $34.40. The stock has a market cap of $1.17 billion, a price-to-earnings ratio of 22.78 and a beta of 0.98. Invesco S&P 500 QVM Multi-factor ETF has a 1 year low of $28.80 and a 1 year high of $36.38.

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.