Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) Stock Price Up 0.2% – Should You Buy?

Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) shares rose 0.2% on Wednesday . The stock traded as high as $31.78 and last traded at $31.78. Approximately 124 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 1,212 shares. The stock had previously closed at $31.71.

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

The stock has a market cap of $232.95 million, a PE ratio of 16.36 and a beta of 1.03. The firm’s 50 day moving average price is $30.06 and its two-hundred day moving average price is $29.18.

Hedge Funds Weigh In On Invesco S&P SmallCap 600 QVM Multi-factor ETF

Several large investors have recently modified their holdings of QVMS. Captrust Financial Advisors purchased a new position in shares of Invesco S&P SmallCap 600 QVM Multi-factor ETF in the fourth quarter worth about $2,355,000. Jane Street Group LLC purchased a new position in shares of Invesco S&P SmallCap 600 QVM Multi-factor ETF in the second quarter worth about $226,000. Cobblestone Capital Advisors LLC NY increased its stake in shares of Invesco S&P SmallCap 600 QVM Multi-factor ETF by 1.6% in the third quarter. Cobblestone Capital Advisors LLC NY now owns 105,588 shares of the company’s stock worth $2,954,000 after purchasing an additional 1,618 shares in the last quarter. Finally, LPL Financial LLC increased its stake in shares of Invesco S&P SmallCap 600 QVM Multi-factor ETF by 1.9% in the fourth quarter. LPL Financial LLC now owns 32,656 shares of the company’s stock worth $922,000 after purchasing an additional 614 shares in the last 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.