Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS)
Invesco S&P SmallCap 600 QVM Multi-factor ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $35.14, up 0.52% on the session, giving a market capitalisation of $257.1M. Its beta of 1.06 implies it has historically moved more than the broad market.
The Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) is designed to mirror the performance of the S&P SmallCap 600 Quality, Value & Momentum Top 90% Multi-factor Index. This exchange-traded fund typically invests a minimum of 90% of its total holdings in the common stocks that make up its benchmark index. The underlying index is structured to identify and track a specific group of securities within the broader S&P SmallCap 600 Index, prioritizing those demonstrating strong attributes of quality, value, and momentum. Both the fund and the index undergo adjustments on a quarterly basis, occurring in March, June, September, and December.
Invesco S&P SmallCap 600 QVM Multi-factor ETF is most often compared with the following Financial Services names: