#NasdaqETFUpdate
As of June 11, 2025, Nasdaq-100 ETFs are experiencing notable developments. The Invesco QQQ Trust Series 1 (QQQ) is trading at $534.21, reflecting a 0.69% increase. Pro shares Ultra pro QQQ 3x Shares (TQQQ) is priced at $75.98, up 1.93%, while Pro Shares Ultra pro Short QQQ -3x Shares (SQQQ) stands at $21.81, down 2.04%.
The Invesco Nasdaq 100 ETF (QQQM), a cost-effective alternative to QQQ, has shown a year-to-date performance of 17.05% and is priced at $197.27. Analysts forecast QQQM to reach an average price of $238.30 by June 2025, with potential highs up to $248.94.
However, some contrarian investors express caution. Steven Jon Kaplan predicts a significant decline for QQQ, forecasting a drop from the current level of 427 to below 300 within a year, citing "irrational excitement" over artificial intelligence driving the current market.
In summary, while Nasdaq-100 ETFs like QQQM show strong performance and growth potential, investors should remain aware of differing forecasts and market volatility.
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