Hobbs Group Advisors LLC Makes New Investment in Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG)

Hobbs Group Advisors LLC bought a new stake in shares of Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) during the third quarter, Holdings Channel.com reports. The fund bought 3,007 shares of the company’s stock, valued at approximately $101,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Harbour Investments Inc. raised its holdings in Invesco ESG NASDAQ 100 ETF by 38.3% in the third quarter. Harbour Investments Inc. now owns 23,862 shares of the company’s stock worth $798,000 after purchasing an additional 6,610 shares in the last quarter. Prism Advisors Inc. grew its position 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 period. Fingerlakes Wealth Management Inc. grew its position in shares of Invesco ESG NASDAQ 100 ETF by 115.2% in the 2nd 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 period. Cassaday & Co Wealth Management LLC bought a new position in shares of Invesco ESG NASDAQ 100 ETF in the 3rd quarter worth about $545,000. Finally, Stephens Consulting LLC purchased a new position in Invesco ESG NASDAQ 100 ETF during the 3rd quarter valued at about $851,000.

Invesco ESG NASDAQ 100 ETF Stock Performance

Shares of QQMG opened at $36.11 on Thursday. Invesco ESG NASDAQ 100 ETF has a fifty-two week low of $26.89 and a fifty-two week high of $36.14. The firm’s 50-day simple moving average is $34.37 and its two-hundred day simple moving average is $33.21. The stock has a market cap of $65.00 million, a PE ratio of 37.67 and a beta of 1.22.

Invesco ESG NASDAQ 100 ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a dividend of $0.044 per share. This represents a $0.18 dividend on an annualized basis and a yield of 0.49%. 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.