Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) Short Interest Update

Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 74,578 shares, an increase of 46.3% from the August 31st total of 50,971 shares. Based on an average daily trading volume, of 10,415 shares, the days-to-cover ratio is currently 7.2 days. Currently, 1.9% of the shares of the stock are sold short.

Invesco ESG NASDAQ 100 ETF Stock Up 0.3%

NASDAQ:QQMG traded up $0.15 during mid-day trading on Thursday, hitting $51.99. 12,931 shares of the stock traded hands, compared to its average volume of 23,050. The business’s 50-day moving average price is $49.85 and its 200 day moving average price is $47.88. The company has a market cap of $218.36 million, a PE ratio of 34.79 and a beta of 1.24. Invesco ESG NASDAQ 100 ETF has a 12-month low of $38.05 and a 12-month high of $52.20.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in QQMG. KFA Private Wealth Group LLC purchased a new stake in shares of Invesco ESG NASDAQ 100 ETF in the second quarter worth $249,000. Kestra Advisory Services LLC raised its holdings in shares of Invesco ESG NASDAQ 100 ETF by 27.4% in the 1st quarter. Kestra Advisory Services LLC now owns 7,783 shares of the company’s stock valued at $308,000 after acquiring an additional 1,674 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of Invesco ESG NASDAQ 100 ETF by 3.2% during the 1st quarter. Cetera Investment Advisers now owns 8,569 shares of the company’s stock valued at $339,000 after acquiring an additional 266 shares during the last quarter. Ascentis Independent Advisors boosted its position in shares of Invesco ESG NASDAQ 100 ETF by 100.0% during the 1st quarter. Ascentis Independent Advisors now owns 11,442 shares of the company’s stock valued at $453,000 after acquiring an additional 5,721 shares during the last quarter. Finally, Ameritas Advisory Services LLC purchased a new position in shares of Invesco ESG NASDAQ 100 ETF during the second quarter worth about $710,000.

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.