Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) Short Interest Down 26.5% in October

Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) was the target of a significant decrease in short interest in 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 volume of 13,000 shares, the short-interest ratio is currently 2.1 days.

Institutional Investors Weigh In On Invesco ESG NASDAQ 100 ETF

A number of large investors have recently added to or reduced their stakes in the company. Fermata Advisors LLC increased its position in Invesco ESG NASDAQ 100 ETF by 64.1% during the 2nd 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 in the last quarter. Harbour Investments Inc. increased its stake in Invesco ESG NASDAQ 100 ETF by 14.6% in the 2nd quarter. Harbour Investments Inc. now owns 17,252 shares of the company’s stock worth $571,000 after acquiring an additional 2,193 shares during the last quarter. Prism Advisors Inc. increased its holdings in shares of Invesco ESG NASDAQ 100 ETF by 15.5% in the 3rd quarter. Prism Advisors Inc. now owns 19,050 shares of the company’s stock worth $637,000 after buying an additional 2,556 shares during the last quarter. Fingerlakes Wealth Management Inc. lifted its position in Invesco ESG NASDAQ 100 ETF by 115.2% in the second quarter. Fingerlakes Wealth Management Inc. now owns 23,742 shares of the company’s stock worth $786,000 after buying an additional 12,708 shares during the last quarter. Finally, Stephens Consulting LLC bought a new stake in shares of Invesco ESG NASDAQ 100 ETF during the 3rd quarter worth approximately $851,000.

Invesco ESG NASDAQ 100 ETF Price Performance

Shares of NASDAQ:QQMG traded down $0.12 during midday trading on Thursday, hitting $34.89. 4,139 shares of the company’s stock were exchanged, compared to its average volume of 12,136. Invesco ESG NASDAQ 100 ETF has a 12 month low of $26.11 and a 12 month high of $35.28. The company has a market cap of $62.80 million, a PE ratio of 37.67 and a beta of 1.22. The stock has a 50 day moving average price of $33.43 and a 200-day moving average price of $32.56.

Invesco ESG NASDAQ 100 ETF Cuts Dividend

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