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

Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 27,600 shares, a decrease of 18.3% from the December 31st total of 33,800 shares. Based on an average daily trading volume, of 13,200 shares, the days-to-cover ratio is currently 2.1 days.

Invesco ESG NASDAQ 100 ETF Price Performance

Invesco ESG NASDAQ 100 ETF stock traded up $0.07 during mid-day trading on Thursday, reaching $35.19. The stock had a trading volume of 4,498 shares, compared to its average volume of 19,821. The company has a market capitalization of $72.14 million, a price-to-earnings ratio of 37.67 and a beta of 1.22. Invesco ESG NASDAQ 100 ETF has a one year low of $28.20 and a one year high of $36.60. The company has a 50-day moving average price of $35.32 and a two-hundred day moving average price of $33.81.

Invesco ESG NASDAQ 100 ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.0447 per share. The ex-dividend date was Monday, December 23rd.

Hedge Funds Weigh In On Invesco ESG NASDAQ 100 ETF

Several institutional investors have recently bought and sold shares of the business. Aptus Capital Advisors LLC grew its stake in Invesco ESG NASDAQ 100 ETF by 339.5% in the third quarter. Aptus Capital Advisors LLC now owns 879 shares of the company’s stock worth $29,000 after purchasing an additional 679 shares in the last quarter. Hobbs Group Advisors LLC acquired a new stake in Invesco ESG NASDAQ 100 ETF during the 3rd quarter worth about $101,000. Ameritas Advisory Services LLC purchased a new position in Invesco ESG NASDAQ 100 ETF during the fourth quarter valued at approximately $442,000. Cassaday & Co Wealth Management LLC purchased a new position in Invesco ESG NASDAQ 100 ETF in the third quarter valued at $545,000. Finally, Prism Advisors Inc. increased its position in shares of Invesco ESG NASDAQ 100 ETF by 15.5% in the third quarter. Prism Advisors Inc. now owns 19,050 shares of the company’s stock valued at $637,000 after buying an additional 2,556 shares in the last quarter.

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.