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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

508.40

Mkt cap

202B

Volume

32M

High

514.33

P/E Ratio

41.88

52-wk high

514.33

Low

508.34

Div yield

0.01

52-wk low

369.57

PCE data matched forecasts, influencing market sentiment. Okta's stock surged due to optimistic future guidance, while Snowflake's shares fell. Chemours experienced a decline after announcing executive changes and a delay in filing its 10-K report.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 3:10 pm

Major stock indexes experienced gains following the release of January inflation data, which aligned with market forecasts.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 3:07 pm

On CNBC's 'Halftime Report Final Trades,' analysts shared their picks, including puts on Invesco QQQ Trust by Steve Weiss, a highlight on FLEX LNG Ltd.'s 12% dividend yield by Jenny Harrington, Kari Firestone's choice of Westinghouse Air Brake Technologies, and Joe Terranova's selection of Alphabet Inc. Alphabet's CEO addressed issues with the Gemini AI chatbot, while Wabtec and Flex LNG reported their financial results, impacting their stock prices.

Portfolio Pulse from Avi Kapoor

February 29, 2024 | 1:52 pm

U.S. stock futures signal a cautious open amid inflation data anticipation, affecting market sentiment and specific stocks. The SPDR S&P 500 ETF Trust and Invesco QQQ ETF saw premarket declines. Various companies reported earnings, influencing their stock prices, including AMC Entertainment and c3.ai with significant movements. Upcoming economic data and Fed speeches are also in focus, potentially impacting market direction.

Portfolio Pulse from Shanthi Rexaline

February 29, 2024 | 11:22 am

Stocks fell ahead of the Fed's inflation data release, with UnitedHealth dropping over 4% due to a DOJ antitrust investigation. Bitcoin surged over 7%, nearing its all-time high. The real estate sector outperformed, while major indices and ETFs like SPY, DIA, and QQQ saw declines. Earnings reports drove significant stock movements, with Axon and eBay rising, and Boston Beer falling sharply. Chinese ADRs, including Baidu and Alibaba, also declined following disappointing results.

Portfolio Pulse from Piero Cingari

February 28, 2024 | 7:08 pm

Cathie Wood's ARK Innovation ETF (ARKK) is underperforming compared to its peers and the broader market, with investors pulling out funds due to missed opportunities, particularly in AI stocks like Nvidia. ARKK's top holdings have mostly seen losses, with Tesla being a significant underperformer. Conversely, Coinbase, its largest holding, has seen gains. In response to ARKK's performance, investors have options with inverse ETFs like SARK and leveraged funds like TARK.

Portfolio Pulse from Johnny Rice

February 28, 2024 | 6:02 pm

On CNBC's Halftime Report, analysts shared their final trades, highlighting Alphabet (GOOGL), Westinghouse Air Brake Technologies (WAB), FLEX LNG (FLNG), and Invesco QQQ Trust, Series 1 (QQQ) as their top picks.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 6:01 pm

Biotech, represented by SPDR S&P Biotech ETF (XBI), has experienced a breakout, indicating strong investor conviction. Eli Lilly (LLY) has seen significant gains, highlighting opportunities beyond AI and big tech. Apple (AAPL) has canceled its electric vehicle project to focus on AI, potentially benefiting Tesla (TSLA). Recent GDP data shows strong economic growth with inflation pressure, while consumer confidence suggests a possible market pullback. Early trade money flows show positive sentiment for TSLA, neutral for AAPL and MSFT, and negative for AMZN, GOOG, META, and NVDA. Gold and oil are seeing buying interest, with USO being the popular oil ETF. Bitcoin has surged past $60,000.

Portfolio Pulse from The Arora Report

February 28, 2024 | 5:19 pm

The trend of mutual funds converting into ETFs is expected to continue in 2024, driven by the popularity and advantages of ETFs, such as ease of access, transparency, and tax efficiency. Main Management, led by Darol Ryan, focuses on ETFs-of-ETFs, with its Main Sector Rotation ETF (SECT) closely tracking the S&P 500's performance. SECT's success is attributed to its investments in high-performing sectors like technology and health care, with significant holdings in the Invesco QQQ Trust (QQQ) and the VanEck Semiconductor ETF (SMH). Main Management also offers the Main Thematic Innovation ETF (TMAT), the Main International ETF (INTL), and the Main BuyWrite ETF (BUYW), each targeting different investment strategies.

Portfolio Pulse from Neil Dennis

February 28, 2024 | 4:44 pm

The Market Clubhouse Morning Memo for February 28th, 2024, provides a trade strategy for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, based on a proprietary formula considering price, volume, and options flow. It offers detailed analysis for each asset, including potential bullish and bearish price targets. The memo also highlights the importance of market volatility due to upcoming economic reports and Fed speeches, advising traders to stay alert and adjust strategies accordingly.

Portfolio Pulse from RIPS

February 28, 2024 | 3:38 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.