#NasdaqETFUpdate đ Market Snapshot & Recent Performance
Price & Movement: QQQ is currently at $532.58, up about $1.88 (0.35%) today. Intraday range: $529.00â$532.68 with ~16.9 million shares traded .
Longer-Term Returns: YTD up ~3.9%, 1-year return ~15.3% . Over the last decade, itâs beaten the S&PâŻ500 7 of the past 10 years .
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đ ETF Flows & Fund Size
New Inflows: About $2.8âŻbillion in net inflows over the past week â QQQ shares rose ~0.8%, from 639.25âŻM to 644.45âŻM units .
AUM & Liquidity: Assets under management near $338âŻbillion; second-most-traded U.S. ETF with an expense ratio of **0.20%** .
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đ Broader Market Context
Tech & Semiconductor Boost: Recent rally linked to optimistic U.S.âChina chip trade talks. Nasdaq Composite is up ~0.3%, with semis outperforming .
Concentration Risk: QQQ remains heavily weighted toward mega-cap tech (âMagnificent Sevenâ). Past volatility, such as Teslaâs drop in early June, significantly impacts it .
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đ Analyst View & Outlook
Edward Jones recently changed QQQâs rating to âMixed/Holdâ on JuneâŻ9, noting the range-bound tech market, with the ETF trading around $529â$530 .
Index Benchmarks: The Nasdaq-100 index hit a record closing high of 22,175.60 on FebâŻ19,âŻ2025 , reinforcing QQQâs timely tech exposure.
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đ Summary: Is QQQ Still a Smart Bet?
Key Factor Insight
Inflows Accumulating capital suggests ongoing investor interest.
Performance Solid returns YTD and long term; retains strong tech-driven growth, though sensitive to mega-cap swings.
Analyst View âMixed/Holdâ from Edward Jones â cautious stance amid potential range trading.
Market Trends Tech and semis are benefiting from easing geopolitical tensions.
