Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) Shares Down 0.2% – Should You Sell?

Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) was down 0.2% during trading on Tuesday . The stock traded as low as $22.69 and last traded at $22.70. Approximately 391 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 966 shares. The stock had previously closed at $22.75.

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

The business’s 50 day moving average price is $24.93 and its 200 day moving average price is $26.86. The firm has a market cap of $166.54 million, a PE ratio of 14.67 and a beta of 1.06.

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

A hedge fund recently raised its stake in Invesco S&P SmallCap 600 QVM Multi-factor ETF stock. LPL Financial LLC lifted its stake in shares of Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) by 6.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 28,267 shares of the company’s stock after buying an additional 1,629 shares during the quarter. LPL Financial LLC owned approximately 0.39% of Invesco S&P SmallCap 600 QVM Multi-factor ETF worth $765,000 at the end of the most recent reporting period.

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.