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 large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 30,280 shares, a decrease of 18.5% from the December 15th total of 37,166 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 67,316 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 67,316 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.8% of the company’s stock are short sold.

Institutional Trading of Invesco ESG NASDAQ 100 ETF

Hedge funds have recently added to or reduced their stakes in the stock. CWM LLC bought a new position in shares of Invesco ESG NASDAQ 100 ETF during the 3rd quarter valued at approximately $48,000. AE Wealth Management LLC lifted its stake in Invesco ESG NASDAQ 100 ETF by 191.6% in the third quarter. AE Wealth Management LLC now owns 2,283 shares of the company’s stock valued at $94,000 after purchasing an additional 1,500 shares during the last quarter. KFA Private Wealth Group LLC bought a new position in Invesco ESG NASDAQ 100 ETF during the fourth quarter valued at $206,000. Focus Partners Advisor Solutions LLC bought a new position in Invesco ESG NASDAQ 100 ETF during the third quarter valued at $215,000. Finally, Axxcess Wealth Management LLC purchased a new stake in Invesco ESG NASDAQ 100 ETF in the third quarter worth $228,000.

Invesco ESG NASDAQ 100 ETF Stock Performance

QQMG traded down $0.02 during mid-day trading on Monday, reaching $42.77. 18,531 shares of the stock were exchanged, compared to its average volume of 30,648. Invesco ESG NASDAQ 100 ETF has a 1 year low of $27.34 and a 1 year high of $44.04. The stock has a market capitalization of $164.66 million, a PE ratio of 34.79 and a beta of 1.19. The company has a 50 day moving average price of $42.49 and a two-hundred day moving average price of $41.00.

Invesco ESG NASDAQ 100 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a dividend of $0.0447 per share. The ex-dividend date 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 annualized dividend and a yield of 0.4%.

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.