Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVML) Stock Price Up 0.1%

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Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVMLGet Rating) rose 0.1% during mid-day trading on Friday . The stock traded as high as $23.36 and last traded at $23.33. Approximately 103 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 3,977 shares. The stock had previously closed at $23.32.

The firm has a fifty day moving average of $23.69 and a 200-day moving average of $25.45.

An institutional investor recently raised its position in Invesco S&P 500 QVM Multi-factor ETF stock. Municipal Employees Retirement System of Michigan raised its holdings in shares of Invesco S&P 500 QVM Multi-factor ETF (NYSEARCA:QVMLGet Rating) by 0.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,308,026 shares of the company’s stock after acquiring an additional 248,620 shares during the period. Invesco S&P 500 QVM Multi-factor ETF makes up 12.5% of Municipal Employees Retirement System of Michigan’s holdings, making the stock its 2nd largest position. Municipal Employees Retirement System of Michigan owned approximately 99.53% of Invesco S&P 500 QVM Multi-factor ETF worth $808,788,000 as of its most recent SEC filing.

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