Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) Short Interest Update

Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 74,578 shares, a growth of 46.3% from the August 31st total of 50,971 shares. Currently, 1.9% of the company’s shares are sold short. Based on an average trading volume of 10,415 shares, the short-interest ratio is currently 7.2 days.

Invesco ESG NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQMG traded up $0.46 during midday trading on Friday, reaching $52.45. 2,801 shares of the stock were exchanged, compared to its average volume of 22,942. The business has a 50-day simple moving average of $49.93 and a two-hundred day simple moving average of $47.96. Invesco ESG NASDAQ 100 ETF has a 12 month low of $38.05 and a 12 month high of $52.73. The company has a market capitalization of $220.31 million, a price-to-earnings ratio of 34.79 and a beta of 1.24.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. boosted its holdings in Invesco ESG NASDAQ 100 ETF by 6.7% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 81,810 shares of the company’s stock worth $4,191,000 after purchasing an additional 5,167 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of Invesco ESG NASDAQ 100 ETF by 6.5% during the 2nd quarter. NewEdge Advisors LLC now owns 37,651 shares of the company’s stock worth $1,929,000 after buying an additional 2,289 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in shares of Invesco ESG NASDAQ 100 ETF during the 2nd quarter worth about $710,000. KFA Private Wealth Group LLC bought a new position in shares of Invesco ESG NASDAQ 100 ETF in the 2nd quarter valued at about $249,000. Finally, Dynamic Advisor Solutions LLC increased its position in shares of Invesco ESG NASDAQ 100 ETF by 4.6% in the second quarter. Dynamic Advisor Solutions LLC now owns 23,429 shares of the company’s stock valued at $1,200,000 after acquiring an additional 1,036 shares during the last quarter.

Invesco ESG NASDAQ 100 ETF Company Profile

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.