Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) Short Interest Update

Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 7,048 shares, an increase of 21.8% from the January 29th total of 5,786 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 12,546 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 12,546 shares, the short-interest ratio is presently 0.6 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Trading of Invesco S&P 500 QVM Multi-factor ETF

Several hedge funds and other institutional investors have recently made changes to their positions in QVML. Advisory Services Network LLC purchased a new position in Invesco S&P 500 QVM Multi-factor ETF during the third quarter worth about $114,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco S&P 500 QVM Multi-factor ETF by 22.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 5,219 shares of the company’s stock valued at $205,000 after buying an additional 963 shares during the period. Osaic Holdings Inc. boosted its stake in shares of Invesco S&P 500 QVM Multi-factor ETF by 242.0% in the fourth quarter. Osaic Holdings Inc. now owns 5,492 shares of the company’s stock valued at $221,000 after buying an additional 3,886 shares in the last quarter. HRT Financial LP acquired a new position in Invesco S&P 500 QVM Multi-factor ETF during the fourth quarter worth $233,000. Finally, Jane Street Group LLC grew its holdings in Invesco S&P 500 QVM Multi-factor ETF by 71.7% during the first quarter. Jane Street Group LLC now owns 21,660 shares of the company’s stock worth $726,000 after acquiring an additional 9,043 shares during the period.

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

Shares of NYSEARCA QVML opened at $40.03 on Wednesday. The stock has a fifty day moving average price of $40.50 and a 200 day moving average price of $39.73. Invesco S&P 500 QVM Multi-factor ETF has a 1-year low of $28.80 and a 1-year high of $41.06. The company has a market cap of $1.48 billion, a PE ratio of 23.98 and a beta of 0.97.

Invesco S&P 500 QVM Multi-factor ETF Company 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.