Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) Share Price Crosses Above 200-Day Moving Average – What’s Next?

Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $32.88 and traded as high as $34.83. Invesco ESG NASDAQ 100 ETF shares last traded at $34.83, with a volume of 9,524 shares trading hands.

Invesco ESG NASDAQ 100 ETF Trading Down 1.0 %

The company’s fifty day simple moving average is $33.93 and its 200 day simple moving average is $32.90. The firm has a market capitalization of $62.09 million, a P/E ratio of 37.67 and a beta of 1.22.

Invesco ESG NASDAQ 100 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a dividend of $0.044 per share. The ex-dividend date was Monday, September 23rd. This represents a $0.18 annualized dividend and a yield of 0.51%.

Institutional Investors Weigh In On Invesco ESG NASDAQ 100 ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC increased its position in Invesco ESG NASDAQ 100 ETF by 339.5% during the 3rd quarter. Aptus Capital Advisors LLC now owns 879 shares of the company’s stock valued at $29,000 after buying an additional 679 shares in the last quarter. Harbour Investments Inc. grew its holdings 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 buying an additional 2,193 shares during the last quarter. Prism Advisors Inc. boosted its stake in 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 valued at $637,000 after purchasing an additional 2,556 shares during the last quarter. Hobbs Group Advisors LLC bought a new stake in shares of Invesco ESG NASDAQ 100 ETF in the 3rd quarter worth $101,000. Finally, Fermata Advisors LLC raised its stake 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 worth $394,000 after purchasing an additional 4,651 shares during the last quarter.

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.