#NasdaqETFUpdate

Nasdaq ETF Update (as of June 11, 2025):

Invesco QQQ Trust (QQQ):

Current Price: $534.21 USD, up 0.66% from the previous close of $530.70, as shown in the finance card above. The ETF hit a daily high of $534.90 and a low of $528.89.

Recent Performance: QQQ has risen 3.9% year-to-date in 2025, nearing all-time highs, driven by strength in tech and growth stocks, particularly in semiconductors and software. Over the past month, it gained 9.8%, and over the past year, it’s up 11.5%. The ETF tracks the Nasdaq-100 Index, which includes 101 of the largest non-financial companies listed on the Nasdaq, with heavy exposure to tech giants like Apple, Microsoft, and Nvidia.

Key Metrics: Assets under management (AUM) are approximately $333.9B, with an average daily trading volume of 47M shares. The expense ratio is 0.20%, and it holds a Zacks ETF Rank #3 (Hold) with a medium risk outlook.

Market Context: The Nasdaq Composite Index has shown resilience, climbing 0.81% on June 3, 2025, and closing at record levels recently. The rally is fueled by AI-driven tech strength, easing trade war fears, and optimism around Trump’s trade policies, including temporary tariff reductions with China and the EU. However, volatility persists due to macroeconomic concerns, tariff uncertainties, and high valuations, with the Nasdaq briefly entering bear territory earlier in 2025.

Short-Term Prediction (June-July 2025):

June 2025: The Nasdaq-100 Index, tracked by QQQ, closed at 21,758 on June 6, 2025. Forecasts suggest it could reach 22,244 by month-end (4.2% increase), with a maximum of 24,218 and a minimum of 20,262. QQQ may test resistance near $540-$550, with support at $520-$525. A breakout above $540 could push it toward $560, while a failure to hold $520 might lead to a pullback to $500.

July 2025: The index is projected to hit 22,741 (2.2% increase), with a range of 20,769 to 25,598. Continued AI momentum and potential Fed rate stability could support gains, but tariff-related volatility or a tech sector correction could cap upside.