Short Interest in Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) Declines By 17.0%

Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) was the recipient of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 25,400 shares, a decrease of 17.0% from the January 15th total of 30,600 shares. Based on an average daily volume of 16,300 shares, the short-interest ratio is presently 1.6 days.

Invesco ESG NASDAQ 100 ETF Stock Performance

Shares of NASDAQ QQMG opened at $36.38 on Monday. The stock has a 50 day moving average price of $35.46 and a 200 day moving average price of $34.06. Invesco ESG NASDAQ 100 ETF has a 52 week low of $28.20 and a 52 week high of $36.60. The stock has a market capitalization of $74.58 million, a PE ratio of 37.67 and a beta of 1.22.

Invesco ESG NASDAQ 100 ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a dividend of $0.0447 per share. The ex-dividend date was Monday, December 23rd.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Stewardship Advisors LLC acquired a new position in Invesco ESG NASDAQ 100 ETF during the fourth quarter valued at approximately $5,828,000. Envestnet Portfolio Solutions Inc. raised its stake in Invesco ESG NASDAQ 100 ETF by 4.1% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 85,664 shares of the company’s stock valued at $2,985,000 after buying an additional 3,381 shares during the period. Journey Strategic Wealth LLC raised its stake in Invesco ESG NASDAQ 100 ETF by 50.0% in the fourth quarter. Journey Strategic Wealth LLC now owns 58,308 shares of the company’s stock valued at $2,032,000 after buying an additional 19,448 shares during the period. Fingerlakes Wealth Management Inc. raised its stake in Invesco ESG NASDAQ 100 ETF by 38.0% in the fourth quarter. Fingerlakes Wealth Management Inc. now owns 54,820 shares of the company’s stock valued at $1,910,000 after buying an additional 15,095 shares during the period. Finally, Stephens Consulting LLC raised its stake in Invesco ESG NASDAQ 100 ETF by 37.8% in the fourth quarter. Stephens Consulting LLC now owns 35,053 shares of the company’s stock valued at $1,222,000 after buying an additional 9,608 shares during the period.

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.