#NasdaqETFUpdate Here are some key updates on Nasdaq ETFs:
Top Nasdaq ETFs
-Invesco QQQ Trust (QQQM): Tracks the Nasdaq-100 Index, comprising the 100 largest non-financial companies listed on the Nasdaq Stock Market, with a focus on technology and innovation-driven companies. Current price: $218.52, with a 0.17% increase.
-Invesco Nasdaq Internet ETF (PNQI): Focuses on internet-related companies listed on the Nasdaq, with a current price of $50.38 and a -0.06% decrease.
-First Trust Nasdaq Bank ETF (FTXO): Invests in banks listed on the Nasdaq, with a current price of $31.79 and a 0.19% increase.
- Invesco Nasdaq Biotech ETF (IBBQ): Focuses on biotechnology companies listed on the Nasdaq, with a current price of $21.32 and a 0.33% increase.
Market Trends
- The QQQ ETF has experienced significant fluctuations in 2024, driven by strong performances in top holdings like Apple, Microsoft, and NVIDIA.
- Nasdaq has updated its ETF benchmark to include XRP, Solana, Cardano, and Stellar, marking a significant step toward broader crypto representation in institutional investment products.
Key Holdings
- Top holdings in the QQQ ETF include:
- Apple Inc.(AAPL)
- Microsoft Corporation (MSFT)
- NVIDIA Corporation (NVDA)
- (link unavailable) Inc. (AMZN)
- Alphabet Inc. (GOOGL)
- These companies drive the QQQ ETF's performance due to their innovation, market dominance, and consistent revenue growth.
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