Stock Price of PowerShares QQQ Trust, Series 1 (QQQ) Increases 1.35%

PowerShares QQQ Trust, Series 1s in-depth stock price analysis indicates that the stock price has rallied 8.57% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 9.08% . Looking at the past 52 week period, the stock price is up at 29.95% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of PowerShares QQQ Trust, Series 1 has a positive value of 8.5 compared to overall market. PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ) has climbed 1.35% in the past week and advanced 3.43% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 0.54% and the outperformance has advanced to 1.58% for the last 4 weeks period.

PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ) : On Friday heightened volatility was witnessed in PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ) which led to swings in the share price. The stock opened for trading at $127.2 and hit $127.56 on the upside , eventually ending the session at $127.38, with a gain of 0.33% or 0.42 points. The heightened volatility saw the trading volume jump to 13,915,697 shares. The 52-week high of the share price is $127.56 and the company has a market cap of $43,870 million. The 52-week low of the share price is at $98.85 .

PowerShares QQQ, formerly known as QQQ or the NASDAQ- 100 Index Tracking Stock, is based on the Nasdaq-100 Index?. The Index includes 100 of the largest domestic and international nonfinancial companies listed on the Nasdaq Stock Market based on market capitalization. The portfolio is rebalanced quarterly and reconstituted annually.


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