Empirical Asset Management LLC Has $1.56 Million Stake in Invesco S&P MidCap 400 QVM Multi-factor ETF (NYSEARCA:QVMM)

Empirical Asset Management LLC lowered its holdings in shares of Invesco S&P MidCap 400 QVM Multi-factor ETF (NYSEARCA:QVMM) by 5.3% during the fourth quarter, HoldingsChannel reports. The firm owned 54,210 shares of the company’s stock after selling 3,053 shares during the quarter. Empirical Asset Management LLC’s holdings in Invesco S&P MidCap 400 QVM Multi-factor ETF were worth $1,555,000 as of its most recent SEC filing.

Separately, Wealth Enhancement Advisory Services LLC acquired a new stake in Invesco S&P MidCap 400 QVM Multi-factor ETF during the 3rd quarter worth approximately $727,000.

Invesco S&P MidCap 400 QVM Multi-factor ETF Stock Up 0.4 %

Invesco S&P MidCap 400 QVM Multi-factor ETF stock opened at $29.81 on Friday. The company has a 50 day moving average of $29.81 and a 200-day moving average of $28.82. Invesco S&P MidCap 400 QVM Multi-factor ETF has a twelve month low of $25.03 and a twelve month high of $31.56. The stock has a market capitalization of $327.02 million, a PE ratio of 17.75 and a beta of 1.06.

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

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.