Explore the latest developments concerning Invesco NASDAQ 100.
Invesco NASDAQ 100 ETF (QQQM) Adds NVIDIA and Apple on Tuesday
In Tuesday's session, Invesco NASDAQ 100 ETF (QQQM) was the sole buyer among the ETFs tracked, with no funds selling. QQQM recorded $287.4 million in gross trades, all of it net buying, and increased all 101 of its positions while decreasing none. The fund's assets stood at $105.97 billion.
Is QQQM fairly valued? Test your thesis with our free DCF calculator.
Its largest buys by dollar value were NVDA ($23.5 million), AAPL ($22.8 million) and MSFT ($18.2 million).
The largest buy was NVIDIA Corp (NVDA), where QQQM added 113,526 shares worth $23.5 million, bringing the position to 8.16% of assets. Apple Inc (AAPL) followed with 68,748 shares added for $22.8 million at a 7.94% weight, then Microsoft Corp (MSFT) with 34,986 shares for $18.2 million at 6.34%. Amazon.com Inc (AMZN) drew $12.7 million for 50,796 shares and Micron Technology Inc (MU) $12.6 million for 14,688 shares. All were existing positions, and there were no new positions or exits.
Invesco QQQ (QQQ) Buys $19.6 Million More NVIDIA on Tuesday
Invesco QQQ Trust (QQQ) was the only ETF buying on Tuesday, with no funds selling, according to its reported daily holdings changes. QQQ added $239.6 million in ETF activity, increasing all 101 of its positions and decreasing none, against $464.63 billion in assets under management. The gross traded total matched the net bought figure at $239.6 million.
Is QQQ fairly valued? Test your thesis with our free DCF calculator.
Its largest buys by dollar value were NVDA ($19.6 million), AAPL ($19.0 million) and MSFT ($15.2 million).
The largest buy was NVIDIA Corp (NVDA), where QQQ added 94,619 shares worth $19.6 million, lifting the position to 8.16% of assets. Apple Inc (AAPL) followed with 57,302 shares added for $19.0 million at a 7.94% weight, then Microsoft Corp (MSFT) with 29,155 shares for $15.2 million at 6.34%. Amazon.com Inc (AMZN) drew $10.6 million on 42,343 shares at 4.43%, and Micron Technology Inc (MU) $10.5 million on 12,243 shares at 4.37%. All five were existing holdings, so there were no new positions and no exits.
Vocabulary Builder – Learning: Master 19000+ English words with Tinder-style swipe learning, 4 quiz types, and smart spaced repetition. GRE, TOEFL, IELTS & SAT prep included!
Proshares Trust (TQQQ) Adds Apple and Nvidia on Nov. 4
Proshares Trust (TQQQ) was the only ETF buying on Wednesday, with no funds selling. The fund deployed $351.5 million in gross purchases against $0 in sales, a net inflow of $351.5 million into its $27.13 billion portfolio. TQQQ raised 97 positions and cut none.
Is TQQQ fairly valued? Test your thesis with our free DCF calculator.
Track the latest ETF buying and selling trends and search funds in the GuruFocus ETF Screener.
Its largest buys by dollar value were AAPL ($29.6 million), NVDA ($28.0 million) and MSFT ($23.9 million).
The largest buys were all existing holdings. Apple (AAPL) received 84,708 additional shares worth $29.6 million, taking its weight to 8.32%. Nvidia (NVDA) gained 139,932 shares valued at $28.0 million for a 7.87% weight, Microsoft (MSFT) added 43,056 shares worth $23.9 million at 6.73%, Amazon (AMZN) picked up 62,595 shares worth $16.7 million at 4.68%, and Micron (MU) added 18,135 shares worth $14.4 million at 4.04%. There were no new positions and no exits.
For more detailed information, explore updates concerning Invesco NASDAQ 100.
0 Comments