Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) Shares Up 0.4% – Time to Buy?

Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) was up 0.4% on Friday . The company traded as high as $50.45 and last traded at $50.41. Approximately 7,138 shares were traded during mid-day trading, a decline of 72% from the average daily volume of 25,480 shares. The stock had previously closed at $50.20.

Invesco ESG NASDAQ 100 ETF Stock Up 0.4%

The business has a 50-day simple moving average of $49.74 and a 200-day simple moving average of $44.77. The company has a market cap of $211.72 million, a PE ratio of 34.79 and a beta of 1.23.

Invesco ESG NASDAQ 100 ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a dividend of $0.0507 per share. The ex-dividend date was Monday, June 22nd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.4%.

Institutional Investors Weigh In On Invesco ESG NASDAQ 100 ETF

A number of institutional investors have recently added to or reduced their stakes in QQMG. Cetera Investment Advisers acquired a new position in Invesco ESG NASDAQ 100 ETF during the second quarter worth $268,000. Bank of America Corp DE increased its stake in shares of Invesco ESG NASDAQ 100 ETF by 2.0% during the second quarter. Bank of America Corp DE now owns 18,500 shares of the company’s stock worth $700,000 after purchasing an additional 360 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in shares of Invesco ESG NASDAQ 100 ETF by 108.8% during the second quarter. Tower Research Capital LLC TRC now owns 19,237 shares of the company’s stock worth $728,000 after purchasing an additional 10,024 shares in the last quarter. Focus Partners Advisor Solutions LLC acquired a new position in shares of Invesco ESG NASDAQ 100 ETF during the 3rd quarter worth about $215,000. Finally, Orion Porfolio Solutions LLC acquired a new position in shares of Invesco ESG NASDAQ 100 ETF during the 3rd quarter worth about $327,000.

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.