(QVMP) Invesco SP500 QVM - Ratings and Ratios

The Invesco S&P 500 QVM UCITS ETF (Ticker: QVMP) is a German-domiciled exchange-traded fund listed on XETRA, designed to track the performance of the Morningstar US Large-Mid NR USD Index. This index focuses on large-cap and mid-cap companies in the US equity market, blending value, quality, and momentum factors. The fund is part of the US Large-Cap Blend Equity category, appealing to investors seeking exposure to a diversified portfolio of established US corporations.

From a technical standpoint, QVMP has shown recent price weakness, with its last price of 55.96 falling below its SMA20 (60.09) and SMA50 (59.63). The SMA200 (55.61) is slightly below the current price, indicating potential support. The ATR of 0.65 reflects relatively low volatility. Average daily volume over the past 20 days is 3,449, suggesting moderate liquidity. These technical indicators collectively point to a consolidative phase with downside risk.

Fundamentally, the ETF manages assets under management (AUM) of 24.31M EUR, indicating a modestly sized fund. This size allows for efficient tracking of the underlying index while maintaining accessibility for a broad range of investors. The funds structure is designed to provide diversification across US large-cap and mid-cap equities, aligning with the Morningstar US Large-Mid NR USD Index.

Over the next three months, based on and , the ETF is expected to remain range-bound with a slight downside bias. The SMA20 and SMA50 above the current price may act as resistance, while the SMA200 near current levels could provide support. Low ATR suggests limited volatility, with potential price movements constrained within a narrow range. Investors should monitor index performance and broader market conditions for directional cues.