Invesco QQQ Trust Assets Increased by 0.72% Amid $483.91M Net Flows

July 14, 2018 - By Anthony Romero

Today were released Invesco QQQ Trust (NASDAQ:QQQ)‘s weekly net flows. The ETF registered $483.91M weekly asset inflows for 0.72% increase, reaching $67707.69M last week. The chart of Invesco QQQ Trust shows positive weekly 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 stock increased 0.08% or $0.15 during the last trading session, reaching $179.61. About 24.90M shares traded. Invesco QQQ Trust (NASDAQ:QQQ) has risen 20.39% since July 14, 2017 and is uptrending. It has outperformed by 7.82% the S&P500.

The ETF’s YTD performance is 10.62%, the 1 year is 25.72% and the 3 year is 18.2%.

The ETF’s average P/E ratio is 20.54, the price to book is 4.49, the price to sales is 3.59 and the price to cashflow is 14.78. Invesco QQQ Trust is in the ETF category: Large Growth, is part of the Invesco fund family and currently has $65.89B net assets. It was started on 1/1/0001. The fund’s top holdings are: Apple Inc for 11.42% of assets, Amazon.com Inc for 10.34%, Microsoft Corp for 9.49%, Facebook Inc A for 5.90%, Alphabet Inc C for 4.87%, Alphabet Inc A for 4.22%, Intel Corp for 2.87%, Cisco Systems Inc for 2.53%, Netflix Inc for 2.15%, Comcast Corp Class A for 1.88%. The ETF sector weights are: Basic Materials 0.00%, Consumer Cyclical 19.89%, Financial Services 1.23%, Realestate 0.00%, Consumer Defensive 4.27%, Healthcare 8.89%, Utilities 0.00%, Communication Services 3.91%, Energy 0.00%, Industrials 3.44%, Technology 58.37%. The ETF currently as 0.76% yield.

More notable recent Invesco QQQ Trust (NASDAQ:QQQ) news were published by: Nasdaq.com which released: “Trade Fear Oversold? Large-Cap Growth ETFs at 52-Week High” on July 13, 2018, also Nasdaq.com with their article: “Best ETFs for 2018: The Powershares QQQ Trust Is Hooked Up” published on July 04, 2018, Etfdailynews.com published: “Nasdaq 100 May Have Peaked For Now (QQQ)” on July 01, 2018. More interesting news about Invesco QQQ Trust (NASDAQ:QQQ) were released by: Etfdailynews.com and their article: “Tech Stocks Face An Important Test Here (QQQ)” published on June 17, 2018 as well as Etfdailynews.com‘s news article titled: “Trump’s Trade Wars Are Getting Worse (QQQ)” with publication date: July 03, 2018.

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