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

Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 52,837 shares, an increase of 74.5% from the December 31st total of 30,280 shares. Currently, 1.3% of the shares of the company are sold short. Based on an average daily volume of 31,830 shares, the days-to-cover ratio is presently 1.7 days. Based on an average daily volume of 31,830 shares, the days-to-cover ratio is presently 1.7 days. Currently, 1.3% of the shares of the company are sold short.

Invesco ESG NASDAQ 100 ETF Price Performance

QQMG opened at $42.78 on Monday. The company has a market capitalization of $175.40 million, a P/E ratio of 34.79 and a beta of 1.19. The firm’s fifty day moving average price is $42.70 and its two-hundred day moving average price is $41.34. Invesco ESG NASDAQ 100 ETF has a fifty-two week low of $27.34 and a fifty-two week high of $44.04.

Invesco ESG NASDAQ 100 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Investors 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 an increase from Invesco ESG NASDAQ 100 ETF’s previous quarterly dividend of $0.04. This represents a $0.18 dividend on an annualized basis and a yield of 0.4%.

Institutional Investors Weigh In On Invesco ESG NASDAQ 100 ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Truist Financial Corp acquired a new position in shares of Invesco ESG NASDAQ 100 ETF in the 2nd quarter worth approximately $2,562,000. Envestnet Asset Management Inc. bought a new stake in Invesco ESG NASDAQ 100 ETF in the second quarter valued at $2,549,000. Citadel Advisors LLC bought a new stake in Invesco ESG NASDAQ 100 ETF in the third quarter valued at $1,590,000. Osaic Holdings Inc. raised its stake in Invesco ESG NASDAQ 100 ETF by 64.4% during the second quarter. Osaic Holdings Inc. now owns 74,924 shares of the company’s stock worth $2,834,000 after acquiring an additional 29,358 shares in the last quarter. Finally, Onyx Bridge Wealth Group LLC bought a new position in shares of Invesco ESG NASDAQ 100 ETF during the third quarter valued at $1,120,000.

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.