Advanced Micro Devices (AMD) constitutes 1.22% of the Invesco QQQ Trust (QQQ) holdings.
Understanding QQQ and its Holdings
The Invesco QQQ Trust (QQQ) is an exchange-traded fund (ETF) that aims to track the performance of the Nasdaq-100 Index. This index comprises 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market. As such, QQQ is primarily composed of companies in the technology, consumer discretionary, and communication services sectors.
The weight of each company within QQQ is determined by its market capitalization, with adjustments to ensure diversification limits are met. This means the percentage of a particular stock, like AMD, within the ETF can fluctuate over time due to market performance and rebalancing efforts by the fund manager.
AMD's Weight in QQQ
Based on recent data, AMD holds a specific weighting within the QQQ ETF. To illustrate its position among some other significant holdings, consider the following snapshot:
| No. | Symbol | Weight |
|---|---|---|
| 15 | LIN | 1.25% |
| 16 | AMD | 1.22% |
| 17 | ADBE | 1.21% |
| 18 | ISRG | 1.16% |
This table provides a glimpse into the proportional allocation of QQQ's investments, highlighting AMD's specific share. For a comprehensive and up-to-date list of all holdings and their exact weights, investors often refer to official fund disclosures or financial data platforms. You can find more detailed information on QQQ holdings at StockAnalysis.com.
It's important to remember that these weightings are dynamic. The fund undergoes periodic rebalancing to ensure it continues to accurately reflect the Nasdaq-100 Index and adheres to its investment objectives.
