Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) Short Interest Down 36.1% in December

Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) was the recipient of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 2,398 shares, a decrease of 36.1% from the November 30th total of 3,751 shares. Based on an average daily volume of 1,859 shares, the short-interest ratio is presently 1.3 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,859 shares, the short-interest ratio is presently 1.3 days.

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

Shares of QVML opened at $40.63 on Friday. The company has a 50-day moving average price of $39.91 and a two-hundred day moving average price of $38.48. The stock has a market cap of $1.50 billion, a price-to-earnings ratio of 23.98 and a beta of 0.97. Invesco S&P 500 QVM Multi-factor ETF has a 12 month low of $28.80 and a 12 month high of $40.68.

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

Institutional investors have recently bought and sold shares of the stock. Private Trust Co. NA bought a new stake in Invesco S&P 500 QVM Multi-factor ETF in the second quarter valued at $44,000. Advisory Services Network LLC bought a new position in shares of Invesco S&P 500 QVM Multi-factor ETF during the third quarter valued at $114,000. Northwestern Mutual Wealth Management Co. bought a new position in shares of Invesco S&P 500 QVM Multi-factor ETF during the first quarter valued at $137,000. Jane Street Group LLC boosted its stake in shares of Invesco S&P 500 QVM Multi-factor ETF by 71.7% in the 1st quarter. Jane Street Group LLC now owns 21,660 shares of the company’s stock valued at $726,000 after purchasing an additional 9,043 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Invesco S&P 500 QVM Multi-factor ETF by 42.4% in the 2nd quarter. Bank of America Corp DE now owns 34,237 shares of the company’s stock worth $1,254,000 after purchasing an additional 10,191 shares during the last quarter.

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.