Happy Birthday Investco QQQ

Invesco QQQ is an exchange-traded fund based on the Nasdaq-100 Index. QQQs is one of the most traded ETFs in the world and includes 100 of the largest domestic and international nonfinancial companies listed on the Nasdaq Stock Market based on market capitalization.

The Invesco QQQ ETF first hit the markets on March 10, 1999.  After 20 years, QQQ is now the sixth largest U.S.-listed ETF with $66.4 billion in assets under management.

QQQ’s the top three sectors are: 60% technology, 22% cyclicals and 9% healthcare.

Top components include are Microsoft (NasdaqGS: MSFT) 10%, Apple (NasdaqGS: AAPL) 10%, Amazon.com (NasdaqGS: AMZN)

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