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

Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) was the target of a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 41,343 shares, a drop of 16.6% from the February 26th total of 49,554 shares. Currently, 1.0% of the company’s stock are short sold. Based on an average daily volume of 16,866 shares, the days-to-cover ratio is presently 2.5 days.

Institutional Trading of Invesco ESG NASDAQ 100 ETF

Several hedge funds and other institutional investors have recently modified their holdings of QQMG. Federation des caisses Desjardins du Quebec acquired a new stake in Invesco ESG NASDAQ 100 ETF during the fourth quarter valued at $41,000. CWM LLC acquired a new position in Invesco ESG NASDAQ 100 ETF in the 3rd quarter worth about $48,000. Mcguire Capital Advisors Inc. purchased a new stake in shares of Invesco ESG NASDAQ 100 ETF during the 4th quarter worth about $57,000. AE Wealth Management LLC raised its stake in shares of Invesco ESG NASDAQ 100 ETF by 191.6% during the 3rd quarter. AE Wealth Management LLC now owns 2,283 shares of the company’s stock worth $94,000 after purchasing an additional 1,500 shares in the last quarter. Finally, KFA Private Wealth Group LLC acquired a new stake in shares of Invesco ESG NASDAQ 100 ETF during the 4th quarter valued at about $206,000.

Invesco ESG NASDAQ 100 ETF Stock Performance

Invesco ESG NASDAQ 100 ETF stock opened at $39.56 on Wednesday. The firm has a market cap of $166.15 million, a PE ratio of 34.79 and a beta of 1.19. The firm’s 50 day moving average price is $41.37 and its two-hundred day moving average price is $41.91. Invesco ESG NASDAQ 100 ETF has a twelve month low of $27.34 and a twelve month high of $44.04.

Invesco ESG NASDAQ 100 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were issued a dividend of $0.0436 per share. This represents a $0.17 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Monday, March 23rd.

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.