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

Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) was the target of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 26,900 shares, a decrease of 26.5% from the October 15th total of 36,600 shares. Based on an average daily trading volume, of 13,000 shares, the short-interest ratio is presently 2.1 days.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Aptus Capital Advisors LLC lifted its holdings in shares of Invesco ESG NASDAQ 100 ETF by 339.5% during the third quarter. Aptus Capital Advisors LLC now owns 879 shares of the company’s stock valued at $29,000 after purchasing an additional 679 shares during the last quarter. Harbour Investments Inc. lifted its stake in shares of Invesco ESG NASDAQ 100 ETF by 14.6% during the second quarter. Harbour Investments Inc. now owns 17,252 shares of the company’s stock valued at $571,000 after acquiring an additional 2,193 shares during the period. Prism Advisors Inc. grew its stake in shares of Invesco ESG NASDAQ 100 ETF by 15.5% during the 3rd quarter. Prism Advisors Inc. now owns 19,050 shares of the company’s stock worth $637,000 after acquiring an additional 2,556 shares in the last quarter. Fermata Advisors LLC lifted its position in shares of Invesco ESG NASDAQ 100 ETF by 64.1% in the second quarter. Fermata Advisors LLC now owns 11,907 shares of the company’s stock valued at $394,000 after buying an additional 4,651 shares during the last quarter. Finally, Astoria Portfolio Advisors LLC. bought a new position in shares of Invesco ESG NASDAQ 100 ETF during the second quarter worth approximately $323,000.

Invesco ESG NASDAQ 100 ETF Trading Down 0.3 %

NASDAQ:QQMG traded down $0.12 during mid-day trading on Thursday, hitting $34.89. The stock had a trading volume of 4,139 shares, compared to its average volume of 12,136. The company has a market capitalization of $62.80 million, a PE ratio of 37.67 and a beta of 1.22. The stock has a 50-day simple moving average of $33.43 and a two-hundred day simple moving average of $32.56. Invesco ESG NASDAQ 100 ETF has a twelve month low of $26.11 and a twelve month high of $35.28.

Invesco ESG NASDAQ 100 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a $0.044 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.18 annualized dividend and a yield of 0.50%.

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.