#NasdaqETFUpdate
📊 #NasdaqETFUpdate: What Is Happening with Technology ETFs?
The Nasdaq has historically been the heart of technological growth, and with it, the ETFs that track it have gained attention from traders, long-term investors, and speculators. But how are the major Nasdaq ETFs evolving right now?
🚀 Recent Performance
In recent weeks, Nasdaq-linked ETFs such as:
QQQ (Invesco QQQ Trust)
TQQQ (ProShares UltraPro QQQ)
PSQ (ProShares Short QQQ)
…have shown significant movements due to:
✅ New increases in technology stocks
📉 Capital rotation towards defensive sectors
📊 Expectations about the Fed and interest rates
🧠 What is a Nasdaq ETF?
An ETF (Exchange Traded Fund) is a fund that replicates the behavior of an index. In this case, Nasdaq ETFs primarily track the Nasdaq-100, composed of 100 of the largest non-financial companies in the technology sector and related fields.
👉 QQQ, for example, includes stocks from companies like Apple, Microsoft, Nvidia, Amazon, and Meta.