Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) Short Interest Up 29.5% in June

Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 11,400 shares, a growth of 29.5% from the June 15th total of 8,800 shares. Based on an average trading volume of 9,900 shares, the days-to-cover ratio is currently 1.2 days.

Invesco ESG NASDAQ 100 ETF Stock Up 0.1 %

QQMG stock traded up $0.05 during mid-day trading on Monday, reaching $34.31. 34,548 shares of the stock traded hands, compared to its average volume of 11,109. The business has a 50-day moving average of $32.24 and a two-hundred day moving average of $30.40. The firm has a market capitalization of $49.74 million, a PE ratio of 37.67 and a beta of 1.22. Invesco ESG NASDAQ 100 ETF has a 52 week low of $23.42 and a 52 week high of $34.82.

Invesco ESG NASDAQ 100 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were paid a dividend of $0.0441 per share. This is an increase from Invesco ESG NASDAQ 100 ETF’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend was Monday, June 24th. This represents a $0.18 annualized dividend and a yield of 0.51%.

Institutional Trading of Invesco ESG NASDAQ 100 ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Fermata Advisors LLC grew 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 acquiring an additional 4,651 shares during the last quarter. Astoria Portfolio Advisors LLC. acquired a new stake in Invesco ESG NASDAQ 100 ETF in the 2nd quarter worth $323,000. Envestnet Portfolio Solutions Inc. increased its holdings in shares of Invesco ESG NASDAQ 100 ETF by 7.6% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 89,483 shares of the company’s stock worth $2,728,000 after purchasing an additional 6,339 shares during the period. Prism Advisors Inc. raised its position in shares of Invesco ESG NASDAQ 100 ETF by 17.0% during the fourth quarter. Prism Advisors Inc. now owns 17,265 shares of the company’s stock valued at $481,000 after buying an additional 2,507 shares during the last quarter. Finally, Fingerlakes Wealth Management Inc. bought a new stake in shares of Invesco ESG NASDAQ 100 ETF in the fourth quarter valued at about $300,000.

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.