Powershares QQQ ETF $116.44 – Nasdaq symbol QQQ

Article Excerpt

POWERSHARES QQQ ETF $116.44 (Nasdaq symbol QQQ; buy or sell through brokers; www. invescopowershares.com), formerly called Nasdaq 100 Trust Shares, holds stocks representing the Nasdaq 100 Index. That consists of the exchange’s 100 largest stocks by market cap. The ETF first began trading on March 10, 1999. The Nasdaq 100 Index contains shares of companies in a number of major industries, including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology. It does not contain financial firms. The fund’s expenses are about 0.20% of its assets. It yields 1.0%. The ETF’s highest-weighted stocks are Apple, Microsoft, Texas Instruments, Alphabet Inc., Cisco Systems, Intel Corp., and Amazon.com. PowerShares QQQ ETF is a buy for aggressive investors only. …