Invesco S&P MidCap 400 QVM Multi-factor ETF (NYSEARCA:QVMM) Shares Bought by LPL Financial LLC

LPL Financial LLC boosted its stake in shares of Invesco S&P MidCap 400 QVM Multi-factor ETF (NYSEARCA:QVMM – Get Rating) by 36.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 118,994 shares of the company’s stock after purchasing an additional 31,652 shares during the period. LPL Financial LLC’s holdings in Invesco S&P MidCap 400 QVM Multi-factor ETF were worth $2,684,000 at the end of the most recent quarter.

Separately, Jane Street Group LLC acquired a new stake in shares of Invesco S&P MidCap 400 QVM Multi-factor ETF during the 1st quarter valued at about $213,000.

Invesco S&P MidCap 400 QVM Multi-factor ETF Stock Down 0.9 %

NYSEARCA:QVMM opened at $22.63 on Friday. Invesco S&P MidCap 400 QVM Multi-factor ETF has a 52 week low of $20.35 and a 52 week high of $25.20. The stock has a market capitalization of $247.62 million, a PE ratio of 12.37 and a beta of 0.99. The stock’s 50-day moving average price is $22.65 and its 200-day moving average price is $23.24.

Invesco S&P MidCap 400 QVM Multi-factor ETF Profile

(Get Rating)

The Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks a market cap-weighted index of US mid-cap stocks that exhibit strong quality, value, and momentum based on a multi-factor score. QVMM was launched on Jun 30, 2021 and is managed by Invesco.