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QQQ

Invesco QQQ Trust

http://www.invesco.com/portal/site/us/investors/etfs/product-detail?productId=QQQ

Industry

Asset Management

To maintain the correspondence between the composition and weights of the securities in the trust (the "securities") and the stocks in the NASDAQ-100 Index®, the adviser adjusts the securities from time to time to conform to periodic changes in the identity and/or relative weights of index securities. The composition and weighting of the securities portion of a portfolio deposit are also adjusted to conform to changes in the index.

Open

502.94

Mkt cap

195B

Volume

50M

High

503.31

P/E Ratio

40.49

52-wk high

515.58

Low

494.50

Div yield

0.01

52-wk low

382.66

Tech stocks, led by Nvidia, propelled the Nasdaq 100 to record highs, while solar stocks surged due to increased tariffs on Chinese imports. Meme stocks like GameStop and AMC declined, and the SEC approved steps towards Ethereum ETFs.

Portfolio Pulse from Piero Cingari

May 24, 2024 | 8:29 pm

The NASDAQ 100 is approaching a record close. Analysts believe the DOJ's case against Live Nation is weak. NASA confirms Boeing's Starliner launch delay due to a helium leak. Markets will be closed on Monday for Memorial Day.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 7:50 pm

Major indexes are higher following strong earnings from NVIDIA this week.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 7:36 pm

The Nasdaq 100 surged over 1% on Friday, setting the stage for a record high close and marking its fifth consecutive week of gains. The S&P 500 rose 0.7%, while small-cap stocks saw robust gains. AI-linked stocks and sectors like chipmakers, solar, and power utilities performed well. Treasury yields remained stable, and the U.S. dollar index fell, providing relief to precious metals and crude oil. Several companies saw significant stock movements due to earnings reports.

Portfolio Pulse from Piero Cingari

May 24, 2024 | 5:54 pm

Nvidia (NVDA) reported strong Q1 results and announced a 10-for-1 stock split, potentially positioning itself for inclusion in the Dow Jones Industrial Average (DJIA). Analysts suggest Nvidia could replace Intel (INTC) in the DJIA due to its relevance in AI and technology growth. The stock split is seen as a strategic move to make Nvidia more attractive for retail investors and index inclusion.

Portfolio Pulse from Chris Katje

May 24, 2024 | 4:55 pm

The Market Clubhouse Morning Memo for May 24th, 2024, provides a detailed analysis of key price levels for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. The memo highlights potential bullish and bearish targets for each asset, advising traders to monitor these levels closely. The memo also notes upcoming economic data releases and potential market volatility due to the Memorial Day holiday.

Portfolio Pulse from RIPS

May 24, 2024 | 2:28 pm

Investors are increasingly worried about the impact of rising U.S. debt on the bond market, especially as the presidential election approaches. Concerns are growing that large fiscal deficits could overshadow an anticipated bond rally, affecting Treasury yields and bond ETFs like Vanguard Total Bond Market ETF (BND) and iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB). Major indices like Invesco QQQ Trust (QQQ) and SPDR S&P 500 (SPY) are showing resilience despite these concerns.

Portfolio Pulse from Benzinga Neuro

May 24, 2024 | 2:09 pm

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 1:14 pm

Nvidia's remarkable turnaround is set to benefit other industry players like Google, Meta, TSM, and ASML, according to Gene Munster. Nvidia's business surged by 216%, and Munster forecasts significant market dynamics shifts driven by AI advancements. Nvidia's stock is up 115.49% year-to-date, outperforming major ETFs.

Portfolio Pulse from Kaustubh Bagalkote

May 24, 2024 | 5:13 am

NVIDIA continues to see gains, while major indexes pull back. Upbeat economic data may influence the outlook on potential rate cuts.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 7:54 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.