Technology ETF Celebrates Milestone Birthday

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The Invesco QQQ Trust is now the sixth-largest ETF with $68 billion in assets

Nicknamed “the Qs,” the fund made its debut just one year before the tech-heavy Nasdaq Composite Index hit what was then an all-time high.

The ETF, which invests in the biggest 100 nonfinancial companies listed on Nasdaq, offered an easy way to buy and sell some of the hottest tech stocks of the day, like Yahoo and WorldCom.

 

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