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Traders Push Volume for $65 Billion Tech ETF To Decade High: (QQQ)

TedTed
in The Bullpen
FYI: (QQQ is the Linkster's second largest holding, SPY is the largest.)

As technology stocks suffered their worst rout in seven years, a $65 billion fund dedicated to the sector saw its heaviest turnover in a decade.

About 114 million shares of the Invesco QQQ Trust Series 1 ETF worth $20 billion changed hands Wednesday as its underlying index went into free fall. That trading represents the most turnover in the fund known as QQQ since 2008 and almost 30 percent of its total assets.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-10-11/traders-push-volume-for-65-billion-tech-etf-to-decade-high?srnd=etfs

M* QQQ Performance:
http://performance.morningstar.com/funds/etf/total-returns.action?t=QQQ&region=USA&culture=en_US
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