Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) Short Interest Down 18.5% in December

Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) was the target of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 30,280 shares, a decline of 18.5% from the December 15th total of 37,166 shares. Based on an average daily volume of 67,316 shares, the short-interest ratio is presently 0.4 days. Approximately 0.8% of the company’s shares are sold short. Approximately 0.8% of the company’s shares are sold short. Based on an average daily volume of 67,316 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Invesco ESG NASDAQ 100 ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of America Corp DE increased its position in shares of Invesco ESG NASDAQ 100 ETF by 2.0% in the second quarter. Bank of America Corp DE now owns 18,500 shares of the company’s stock valued at $700,000 after acquiring an additional 360 shares during the last quarter. Fingerlakes Wealth Management Inc. grew its stake in Invesco ESG NASDAQ 100 ETF by 1.5% in the third quarter. Fingerlakes Wealth Management Inc. now owns 69,208 shares of the company’s stock valued at $2,861,000 after purchasing an additional 1,053 shares in the last quarter. CWM LLC acquired a new position in shares of Invesco ESG NASDAQ 100 ETF during the 3rd quarter worth approximately $48,000. Journey Strategic Wealth LLC increased its position in shares of Invesco ESG NASDAQ 100 ETF by 1.9% during the 2nd quarter. Journey Strategic Wealth LLC now owns 62,662 shares of the company’s stock worth $2,371,000 after purchasing an additional 1,194 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC raised its stake in shares of Invesco ESG NASDAQ 100 ETF by 8.4% during the 2nd quarter. Cassaday & Co Wealth Management LLC now owns 19,267 shares of the company’s stock worth $729,000 after purchasing an additional 1,491 shares in the last quarter.

Invesco ESG NASDAQ 100 ETF Trading Down 2.1%

Shares of QQMG opened at $41.88 on Wednesday. The stock has a market cap of $161.24 million, a P/E ratio of 34.79 and a beta of 1.19. The stock’s 50-day moving average price is $42.46 and its two-hundred day moving average price is $41.06. Invesco ESG NASDAQ 100 ETF has a 1 year low of $27.34 and a 1 year high of $44.04.

Invesco ESG NASDAQ 100 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a $0.0447 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This is a boost from Invesco ESG NASDAQ 100 ETF’s previous quarterly dividend of $0.04. This represents a $0.18 annualized dividend and a yield of 0.4%.

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.