Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) Trading 0.7% Higher – Still a Buy?

Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG)’s share price shot up 0.7% on Friday . The company traded as high as $48.45 and last traded at $48.03. Approximately 9,748 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 24,781 shares. The stock had previously closed at $47.69.

Invesco ESG NASDAQ 100 ETF Stock Up 0.7%

The firm has a market cap of $194.52 million, a PE ratio of 34.79 and a beta of 1.23. The firm has a 50-day moving average price of $49.66 and a two-hundred day moving average price of $45.36.

Invesco ESG NASDAQ 100 ETF Announces Dividend

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

Institutional Trading of Invesco ESG NASDAQ 100 ETF

Several large investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. purchased a new position in shares of Invesco ESG NASDAQ 100 ETF during the 4th quarter worth $22,373,000. Goldman Sachs Group Inc. acquired a new stake in Invesco ESG NASDAQ 100 ETF during the fourth quarter worth about $22,162,000. Fingerlakes Wealth Management Inc. raised its stake in Invesco ESG NASDAQ 100 ETF by 5.8% during the fourth quarter. Fingerlakes Wealth Management Inc. now owns 73,199 shares of the company’s stock worth $3,102,000 after purchasing an additional 3,991 shares during the period. Pearl Planning LLC boosted its holdings in Invesco ESG NASDAQ 100 ETF by 7.8% in the 1st quarter. Pearl Planning LLC now owns 56,942 shares of the company’s stock valued at $2,252,000 after purchasing an additional 4,105 shares during the last quarter. Finally, Citadel Advisors LLC acquired a new position in Invesco ESG NASDAQ 100 ETF in the 3rd quarter valued at about $1,590,000.

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.