Invesco Top QQQ ETF (QBIG)
Invesco Top QQQ ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $42.23, up 0.99% on the session, giving a market capitalisation of $35.1M. Its beta of 1.71 implies it has historically moved more than the broad market.
This actively managed Exchange-Traded Fund (ETF) is designed to pursue its investment objective by gaining exposure to the leading firms within the Nasdaq-100 Index. It accomplishes this specifically through its focus on the Nasdaq-100 Mega Index. The Nasdaq-100 itself comprises 100 of the largest non-financial businesses, both domestic and international, that trade on The Nasdaq Stock Market LLC, with their selection primarily driven by market capitalization. The Mega Index constitutes a distinct portion of the broader Nasdaq-100, concentrating on approximately the top 45% of those companies by market weighting, without surpassing 47%. The Fund's ultimate aim is to mirror the performance of these particular companies.
Invesco Top QQQ ETF is most often compared with the following Financial Services names: