#NasdaqETFUpdate 📈 Market Snapshot & Recent Performance

Price & Movement: QQQ is currently at $532.58, up about $1.88 (0.35%) today. Intraday range: $529.00–$532.68 with ~16.9 million shares traded .

Longer-Term Returns: YTD up ~3.9%, 1-year return ~15.3% . Over the last decade, it’s beaten the S&P 500 7 of the past 10 years .

---

🔄 ETF Flows & Fund Size

New Inflows: About $2.8 billion in net inflows over the past week — QQQ shares rose ~0.8%, from 639.25 M to 644.45 M units .

AUM & Liquidity: Assets under management near $338 billion; second-most-traded U.S. ETF with an expense ratio of **0.20%** .

---

🌐 Broader Market Context

Tech & Semiconductor Boost: Recent rally linked to optimistic U.S.–China chip trade talks. Nasdaq Composite is up ~0.3%, with semis outperforming .

Concentration Risk: QQQ remains heavily weighted toward mega-cap tech (“Magnificent Seven”). Past volatility, such as Tesla’s drop in early June, significantly impacts it .

---

👍 Analyst View & Outlook

Edward Jones recently changed QQQ’s rating to “Mixed/Hold” on June 9, noting the range-bound tech market, with the ETF trading around $529–$530 .

Index Benchmarks: The Nasdaq-100 index hit a record closing high of 22,175.60 on Feb 19, 2025 , reinforcing QQQ’s timely tech exposure.

---

🔍 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 “Mixed/Hold” from Edward Jones — cautious stance amid potential range trading.

Market Trends Tech and semis are benefiting from easing geopolitical tensions.