Invesco ESG NASDAQ Next Gen 100 ETF (NASDAQ:QQJG) Shares Down 1.6% – Here’s Why

Shares of Invesco ESG NASDAQ Next Gen 100 ETF (NASDAQ:QQJG) fell 1.6% on Tuesday . The company traded as low as $27.09 and last traded at $27.30. 955 shares traded hands during trading, a decline of 33% from the average session volume of 1,434 shares. The stock had previously closed at $27.73.

Invesco ESG NASDAQ Next Gen 100 ETF Price Performance

The company has a market cap of $6.83 million, a PE ratio of 21.74 and a beta of 1.13. The business’s 50 day moving average is $28.07 and its 200-day moving average is $27.18.

Invesco ESG NASDAQ Next Gen 100 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a dividend of $0.0347 per share. This represents a $0.14 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, December 22nd.

Hedge Funds Weigh In On Invesco ESG NASDAQ Next Gen 100 ETF

A hedge fund recently raised its stake in Invesco ESG NASDAQ Next Gen 100 ETF stock. Osaic Holdings Inc. grew its holdings in shares of Invesco ESG NASDAQ Next Gen 100 ETF (NASDAQ:QQJG) by 3.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,964 shares of the company’s stock after buying an additional 458 shares during the period. Osaic Holdings Inc. owned 6.51% of Invesco ESG NASDAQ Next Gen 100 ETF worth $367,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About Invesco ESG NASDAQ Next Gen 100 ETF

The Invesco ESG NASDAQ Next Gen 100 ETF (QQJG) is an exchange-traded fund that is based on the Nasdaq Next Generation 100 ESG index. The fund tracks an index of NASDAQ Next Gen 100 stocks screened and weighted based on various environmental, social, and governance factors. QQJG was launched on Oct 27, 2021 and is managed by Invesco.