Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) Sees Significant Decline in Short Interest

Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) saw a significant decline in short interest in January. As of January 31st, there was short interest totalling 25,400 shares, a decline of 17.0% from the January 15th total of 30,600 shares. Based on an average daily volume of 16,300 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Trading of Invesco ESG NASDAQ 100 ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Stewardship Advisors LLC acquired a new position in shares of Invesco ESG NASDAQ 100 ETF in the 4th quarter valued at $5,828,000. Envestnet Portfolio Solutions Inc. lifted its stake in Invesco ESG NASDAQ 100 ETF by 4.1% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 85,664 shares of the company’s stock valued at $2,985,000 after buying an additional 3,381 shares during the period. Journey Strategic Wealth LLC boosted its holdings in Invesco ESG NASDAQ 100 ETF by 50.0% during the fourth quarter. Journey Strategic Wealth LLC now owns 58,308 shares of the company’s stock worth $2,032,000 after buying an additional 19,448 shares during the last quarter. Fingerlakes Wealth Management Inc. grew its position in shares of Invesco ESG NASDAQ 100 ETF by 38.0% during the 4th quarter. Fingerlakes Wealth Management Inc. now owns 54,820 shares of the company’s stock worth $1,910,000 after buying an additional 15,095 shares during the period. Finally, Stephens Consulting LLC increased its stake in shares of Invesco ESG NASDAQ 100 ETF by 37.8% in the 4th quarter. Stephens Consulting LLC now owns 35,053 shares of the company’s stock valued at $1,222,000 after acquiring an additional 9,608 shares during the last quarter.

Invesco ESG NASDAQ 100 ETF Stock Up 0.2 %

Shares of NASDAQ:QQMG opened at $36.38 on Friday. The firm has a market cap of $74.58 million, a P/E ratio of 37.67 and a beta of 1.22. Invesco ESG NASDAQ 100 ETF has a 12 month low of $28.20 and a 12 month high of $36.60. The company’s 50-day moving average price is $35.46 and its two-hundred day moving average price is $34.05.

Invesco ESG NASDAQ 100 ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.0447 dividend. The ex-dividend date was Monday, December 23rd.

About Invesco ESG NASDAQ 100 ETF

The Invesco ESG NASDAQ 100 ETF (QQMG) is an exchange-traded fund that is based on the NASDAQ-100 ESG index. The fund tracks an index of NASDAQ-100 stocks screened and weighted based on various environmental, social, and governance criteria. QQMG was launched on Oct 27, 2021 and is managed by Invesco.