Understanding Qqq Shares Outstanding and Performance

The QQQ shares outstanding refers to the total number of shares of the Invesco QQQ ETF that are currently outstanding and available for trading. This number can fluctuate over time due to various market and economic factors.

As of the latest available data, the QQQ shares outstanding is approximately 140 million. This number represents the total number of shares that are currently held by investors and are available for trading on the open market.

The performance of the QQQ ETF is directly tied to the shares outstanding, as the value of the ETF is calculated based on the underlying stocks that make up the Nasdaq-100 Index.

The INVESCO QQQ Trust's key statistics are a great way to get a snapshot of its performance. The day's open price was $522.85.

The stock had a day's range of $513.11 to $524.07, indicating a relatively stable price movement. The day's volume was a significant 50,090,293 shares.

The 52-week range of $402.92 to $539.15 shows that the stock has had a considerable fluctuation in price over the past year. The beta of 1.17 indicates a relatively high level of volatility.

Here are some key statistics at a glance:

The 3-year Sharpe ratio of 0.32 and Sortino ratio of 0.47 indicate a relatively moderate level of risk-adjusted return. The volatility of 11.67% suggests a relatively high level of risk.

The QQQ shares outstanding have a significant market presence. Market Cap stands at a substantial 324,417.932 million dollars.

To put that into perspective, the shares outstanding amount to 621.8 million. This is a substantial number, indicating a large market capitalization.

The PE Ratio for QQQ is 31.56, which is higher than its 10-year median of 25.3. This suggests that the market is valuing the shares at a premium.

Looking at the 10-year range, the PE Ratio has fluctuated between 19.7 and 36.2. This indicates a degree of volatility in the market's valuation of QQQ.

In terms of Price-to-Book (PB) Ratio, QQQ has a value of 7.08. This is lower than its 10-year median of 6.03, suggesting that the market is valuing the company's assets at a discount.

Here's a summary of the key fundamental data for QQQ:

The QQQ shares outstanding have a total of 99,441,000 shares as of the latest update.

Investors should be aware that the QQQ ETF is designed to track the Nasdaq-100 Index, which means its value can fluctuate based on the performance of the underlying companies.

The QQQ shares outstanding are subject to changes due to various corporate actions such as stock splits, mergers, and acquisitions.

The QQQ ETF has a low expense ratio of 0.20%, which means investors can save on fees compared to other investment options.

Investors can buy and sell QQQ shares through various online brokerages and trading platforms.

Microsoft Corp, or MSFT, was the largest holding in Invesco QQQ Trust, Series 1 as of 2023-12-31, with 52,628,963 shares outstanding.

NVDA, or NVIDIA Corp, was another large holding, with 174,904,200 shares outstanding on the same date.

The top five holdings in Invesco QQQ Trust, Series 1 as of 2023-12-31 were MSFT, NVDA, AMZN, AAPL, and LIN.

Here are the top five holdings in Invesco QQQ Trust, Series 1 as of 2023-12-31:

Broadcom Inc, or AVGO, was added as a holding on 2023-12-31, with 85,431,900 shares outstanding.

Costco Wholesale Corp, or COST, was also added as a holding on the same date, with 8,097,611 shares outstanding.

Alphabet Inc, or GOOGL, was reduced as a holding on 2023-12-31, with 41,906,276 shares outstanding.

Meta Platforms Inc, or META, was reduced as a holding on the same date, with 25,004,602 shares outstanding.