Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) Short Interest Down 18.3% in January

Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) was the target of a significant drop in short interest in January. As of January 15th, there was short interest totalling 27,600 shares, a drop of 18.3% from the December 31st total of 33,800 shares. Based on an average trading volume of 13,200 shares, the short-interest ratio is presently 2.1 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Aptus Capital Advisors LLC grew its stake in Invesco ESG NASDAQ 100 ETF by 339.5% in 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 during the last quarter. Hobbs Group Advisors LLC bought a new position in Invesco ESG NASDAQ 100 ETF during the 3rd quarter worth $101,000. Ameritas Advisory Services LLC acquired a new position in Invesco ESG NASDAQ 100 ETF in the fourth quarter valued at $442,000. Cassaday & Co Wealth Management LLC acquired a new position in Invesco ESG NASDAQ 100 ETF in the third quarter valued at approximately $545,000. Finally, Prism Advisors Inc. boosted its stake in Invesco ESG NASDAQ 100 ETF by 15.5% during the third 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.

Invesco ESG NASDAQ 100 ETF Trading Up 0.2 %

NASDAQ:QQMG traded up $0.07 during mid-day trading on Thursday, hitting $35.19. The company’s stock had a trading volume of 4,498 shares, compared to its average volume of 19,821. Invesco ESG NASDAQ 100 ETF has a fifty-two week low of $28.20 and a fifty-two week high of $36.60. The stock has a fifty day moving average of $35.32 and a 200-day moving average of $33.81. The company has a market capitalization of $72.14 million, a price-to-earnings ratio of 37.67 and a beta of 1.22.

Invesco ESG NASDAQ 100 ETF Dividend Announcement

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

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.