Invesco QQQ ETF (NASDAQ:QQQ) Performance and Benchmark Rating Update

• Benchmark changed its grade for QQQ to Negative on February 26, 2025, despite the ETF's historical performance.
• QQQ's current market capitalization stands at approximately $201.79 billion, with a recent trading volume of 48.11 million shares.

The Invesco QQQ ETF (NASDAQ:QQQ) is a prominent exchange-traded fund that tracks the Nasdaq 100 index, known for being a top performer in the U.S. market. Since its inception, the ETF's price has surged from around $40 to its current value of $513.32, reflecting its strong performance over the years.

On February 26, 2025, Benchmark changed its grade for QQQ to Negative, while maintaining a hold action. At the time of this update, the price was $513.32. This decision comes despite QQQ's impressive historical growth, suggesting potential concerns about its future performance or market conditions.

The current price of QQQ on the NASDAQ is $513.32, marking a decrease of $6.55 or approximately -1.26%. During the trading day, the price fluctuated between $509.44 and $519.32. This volatility might be a factor in Benchmark's decision to change the grade to Negative.

Over the past year, QQQ has seen a high of $540.81 and a low of $413.07. The ETF's market capitalization is approximately $201.79 billion, with a trading volume of 48.11 million shares. Despite these strong figures, there is a suggestion to consider an alternative Nasdaq 100 ETF instead of QQQ, possibly due to its recent performance or market outlook.