Municipal Employees' Retirement System of Michigan, a registered investment adviser, initiated a new position in Invesco S&P 500 QVM Multi-factor ETF (AMEX:QVML) during Q4 2025, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor purchased 34,132,010 shares of the Financial Services company, valued at approximately $1.4B as of the filing date.
Invesco S&P 500 QVM Multi-factor ETF's stock currently trades at $40.71 with a market capitalization of $1.5B.