Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) Sees Significant Increase in Short Interest

Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMGGet Free Report) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 96,528 shares, an increase of 72.7% from the May 14th total of 55,894 shares. Based on an average daily volume of 15,682 shares, the short-interest ratio is presently 6.2 days. Currently, 2.4% of the company’s shares are sold short.

Institutional Trading of Invesco ESG NASDAQ 100 ETF

Hedge funds have recently modified their holdings of the company. Federation des caisses Desjardins du Quebec acquired a new stake in shares of Invesco ESG NASDAQ 100 ETF in the 4th quarter valued at approximately $41,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of Invesco ESG NASDAQ 100 ETF in the 4th quarter valued at approximately $57,000. KFA Private Wealth Group LLC acquired a new stake in shares of Invesco ESG NASDAQ 100 ETF in the 4th quarter valued at approximately $206,000. Focus Partners Advisor Solutions LLC acquired a new stake in shares of Invesco ESG NASDAQ 100 ETF in the 3rd quarter valued at approximately $215,000. Finally, Axxcess Wealth Management LLC acquired a new stake in shares of Invesco ESG NASDAQ 100 ETF in the 3rd quarter valued at approximately $228,000.

Invesco ESG NASDAQ 100 ETF Stock Performance

Invesco ESG NASDAQ 100 ETF stock traded up $1.60 during trading hours on Monday, reaching $51.58. 43,109 shares of the company’s stock traded hands, compared to its average volume of 24,692. Invesco ESG NASDAQ 100 ETF has a fifty-two week low of $35.84 and a fifty-two week high of $51.93. The firm has a market capitalization of $211.48 million, a price-to-earnings ratio of 34.79 and a beta of 1.24. The firm’s 50 day moving average is $46.99 and its 200-day moving average is $43.71.

Invesco ESG NASDAQ 100 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a dividend of $0.0436 per share. The ex-dividend date was Monday, March 23rd. This represents a $0.17 dividend on an annualized basis and a yield of 0.3%.

About Invesco ESG NASDAQ 100 ETF

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Invesco ESG NASDAQ 100 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco ESG NASDAQ 100 ETF and related companies with MarketBeat.com's FREE daily email newsletter.