Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) Sets New 52-Week High at $32.55

Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $32.55 and last traded at $32.55, with a volume of 240 shares traded. The stock had previously closed at $32.24.

Invesco S&P 500 QVM Multi-factor ETF Stock Up 1.0 %

The stock has a market capitalization of $997.66 million, a price-to-earnings ratio of 25.29 and a beta of 0.98. The firm has a 50-day moving average of $30.96 and a two-hundred day moving average of $29.73.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Invesco S&P 500 QVM Multi-factor ETF stock. Cetera Investment Advisers acquired a new stake in Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 138,970 shares of the company’s stock, valued at approximately $4,324,000. Cetera Investment Advisers owned approximately 0.45% of Invesco S&P 500 QVM Multi-factor ETF as of its most recent filing with the SEC.

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.