Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) Stock Price Up 0.5% – Time to Buy?

Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG)’s stock price shot up 0.5% during trading on Monday . The company traded as high as $33.00 and last traded at $32.79. 20,674 shares changed hands during trading, an increase of 47% from the average session volume of 14,068 shares. The stock had previously closed at $32.62.

Invesco ESG NASDAQ 100 ETF Trading Up 1.3 %

The stock’s fifty day moving average is $34.77 and its 200 day moving average is $34.38. The company has a market capitalization of $67.14 million, a P/E ratio of 31.37 and a beta of 1.22.

Invesco ESG NASDAQ 100 ETF Announces Dividend

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

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Stewardship Advisors LLC bought a new position in Invesco ESG NASDAQ 100 ETF in the 4th quarter worth $5,828,000. Envestnet Portfolio Solutions Inc. raised its holdings in Invesco ESG NASDAQ 100 ETF by 4.1% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 85,664 shares of the company’s stock worth $2,985,000 after purchasing an additional 3,381 shares in the last quarter. Journey Strategic Wealth LLC raised its holdings in Invesco ESG NASDAQ 100 ETF by 50.0% in the 4th quarter. Journey Strategic Wealth LLC now owns 58,308 shares of the company’s stock worth $2,032,000 after purchasing an additional 19,448 shares in the last quarter. Fingerlakes Wealth Management Inc. raised its holdings in Invesco ESG NASDAQ 100 ETF by 38.0% in the 4th quarter. Fingerlakes Wealth Management Inc. now owns 54,820 shares of the company’s stock worth $1,910,000 after purchasing an additional 15,095 shares in the last quarter. Finally, Citadel Advisors LLC grew its position in shares of Invesco ESG NASDAQ 100 ETF by 425.2% in the 4th quarter. Citadel Advisors LLC now owns 44,302 shares of the company’s stock worth $1,544,000 after buying an additional 35,867 shares during the period.

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.