Today were published PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ)‘s daily net flows. The ETF registered $286.99M asset inflows for 0.73% increase, reaching $39469.31M after yestarday’s trading session. The chart of PowerShares QQQ Trust, Series 1 (ETF) shows positive short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net inflows create excess cash for managers to invest, which theoretically creates demand for the etf’s holdings. The ETF decreased 1.61% or $1.9 during the last trading session, hitting $115.75. About 26,048 shares traded hands. PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ) has risen 6.58% since April 11, 2016 and is uptrending. It has outperformed by 0.44% the S&P500.
The ETF’s YTD performance is 7%, the 1 year is 17.99% and the 3 year is 16.01%.
The ETF’s average P/E ratio is 21.91, the price to book is 4.46, the price to sales is 2.84 and the price to cashflow is 11.27. PowerShares QQQ Trust, Series 1 (ETF) is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: Apple Inc. for 10.77% of assets, Microsoft Corporation for 7.97%, Amazon.com Inc. for 7.00%, Facebook Inc. for 5.30%, Alphabet Inc. for 4.74%, Alphabet Inc. for 4.22%, Intel Corporation for 3.15%, Comcast Corporation for 2.84%, Cisco Systems Inc. for 2.81%, Amgen Inc. for 2.21%. The ETF sector weights are: Consumer Cyclical 15.47%, Financial Services 0.87%, Consumer Defensive 6.79%, Healthcare 11.47%, Communication Services 6.79%, Industrials 3.26%, Technology 55.35%. The ETF currently as 0% yield.
More notable recent PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ) news were published by: Benzinga.com which released: “Carter Worth And Mike Khouw’s PowerShares QQQ Trust, Series 1 (ETF) Trade” on October 22, 2016, also Bloomberg.com with their article: “How to Play the Powershares QQQ Trust Series 1 ETF” published on May 31, 2016, Investorplace.com published: “Trade of the Day: Powershares QQQ Trust, Series 1 (ETF) (QQQ) a Big Buy” on September 23, 2016. More interesting news about PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ) were released by: Etfdailynews.com and their article: “The Nasdaq 100 ETF Is Falling — And Seeing Big Outflows” published on November 10, 2016 as well as Etfdailynews.com‘s news article titled: “Nasdaq, In Oversold Territory, Leads The Way Higher Today” with publication date: November 07, 2016.
QQQ Company Profile
PowerShares QQQ Trust Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust’s investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.