Total Clarity Wealth Management Inc. Purchases Shares of 17,404 Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Total Clarity Wealth Management Inc. acquired a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 17,404 shares of the company’s stock, valued at approximately $3,663,000. Invesco NASDAQ 100 ETF accounts for about 1.2% of Total Clarity Wealth Management Inc.’s investment portfolio, making the stock its 18th biggest position.

Other large investors also recently modified their holdings of the company. Financial Management Professionals Inc. bought a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at about $25,000. Massmutual Trust Co. FSB ADV bought a new position in Invesco NASDAQ 100 ETF during the third quarter worth about $29,000. Legacy Investment Solutions LLC bought a new position in Invesco NASDAQ 100 ETF during the third quarter worth about $31,000. Kieckhefer Group LLC bought a new position in Invesco NASDAQ 100 ETF during the fourth quarter worth about $32,000. Finally, Mendota Financial Group LLC bought a new position in Invesco NASDAQ 100 ETF during the third quarter worth about $40,000.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ:QQQM opened at $214.99 on Friday. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $221.92. The firm has a market cap of $42.03 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The firm’s 50-day simple moving average is $213.75 and its 200 day simple moving average is $203.31.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.3103 per share. The ex-dividend date was Monday, December 23rd.

About Invesco NASDAQ 100 ETF

The Invesco NASDAQ 100 ETF (QQQM) is an exchange-traded fund that is based on the NASDAQ-100 index. The fund is passively managed to track a modified-market-cap weighted narrow index of 100 NASDAQ-listed stocks, excluding financials. QQQM was launched on Oct 13, 2020 and is managed by Invesco.