QQQA stock forecast, quote, news & analysis

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Amazon.com (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Tesla (NASDAQ:TSLA), Costco Wholesale Corp (NASDAQ:COST), Netflix (NASDAQ:NFLX), Intuitive Surgical (NASDAQ:ISRG), Booking Holdings (NASDAQ:BKNG), Starbucks Corp (NASDAQ:SBUX).

The investment seeks investment results, before fees and expenses, that track the performance of the Nasdaq-100 Dorsey Wright Momentum Index (the “index”). The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the index. The index is designed to measure the performance of the 21 securities from the index with the highest momentum. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.

The average market capitalization across the ProShares Nasdaq-100 Drsy Wght Momt ETF ETF is 341.8B. The market cap for tickers in the group ranges from 22.95B to 3.44T. NVDA holds the highest valuation in this group at 3.44T. The lowest valued company is APP at 22.95B.

The average weekly price growth across all stocks in the ProShares Nasdaq-100 Drsy Wght Momt ETF ETF was 1%. For the same ETF, the average monthly price growth was 4%, and the average quarterly price growth was -8%. AVGO experienced the highest price growth at 9%, while TSLA experienced the biggest fall at -5%.

The average weekly volume growth across all stocks in the ProShares Nasdaq-100 Drsy Wght Momt ETF ETF was 1%. For the same stocks of the ETF, the average monthly volume growth was -15% and the average quarterly volume growth was -15%