Total Clarity Wealth Management Inc. Takes Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Total Clarity Wealth Management Inc. purchased a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 17,404 shares of the company’s stock, valued at approximately $3,663,000. Invesco NASDAQ 100 ETF accounts for approximately 1.2% of Total Clarity Wealth Management Inc.’s holdings, making the stock its 18th biggest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Financial Management Professionals Inc. acquired a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at approximately $25,000. Massmutual Trust Co. FSB ADV acquired a new position in shares of Invesco NASDAQ 100 ETF in the third quarter valued at approximately $29,000. Legacy Investment Solutions LLC acquired a new position in Invesco NASDAQ 100 ETF during the third quarter worth $31,000. Kieckhefer Group LLC acquired a new position in Invesco NASDAQ 100 ETF during the fourth quarter worth $32,000. Finally, Mendota Financial Group LLC acquired a new position in Invesco NASDAQ 100 ETF during the third quarter worth $40,000.

Invesco NASDAQ 100 ETF Trading Down 0.2 %

Shares of QQQM opened at $214.99 on Friday. Invesco NASDAQ 100 ETF has a 12 month low of $169.96 and a 12 month high of $221.92. The firm has a fifty day simple moving average of $213.75 and a 200 day simple moving average of $203.31. The stock has a market capitalization of $42.03 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

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

Invesco NASDAQ 100 ETF Profile

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.