Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) Hits New 52-Week High at $32.73

Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML)’s share price reached a new 52-week high on Wednesday . The company traded as high as $32.73 and last traded at $32.73, with a volume of 13 shares traded. The stock had previously closed at $32.59.

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

The company has a market capitalization of $1.01 billion, a P/E ratio of 25.29 and a beta of 0.98. The stock’s fifty day simple moving average is $31.58 and its 200-day simple moving average is $30.18.

Institutional Investors Weigh In On Invesco S&P 500 QVM Multi-factor ETF

An institutional investor recently bought a new position in Invesco S&P 500 QVM Multi-factor ETF stock. Cetera Investment Advisers purchased a new stake in shares of Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 138,970 shares of the company’s stock, valued at approximately $4,324,000. Cetera Investment Advisers owned 0.45% of Invesco S&P 500 QVM Multi-factor ETF as of its most recent SEC filing.

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.