Fund literature states that the underlying index of QTEC is “an equal weighted index and is rebalanced four times annually in March, June, September, and December. Top holdings in this fund with this exception of AAPL, bear little resemblance to those in QQQ and are as follows: AVGO (>3.2%), CTSH (>2.9%), AAPL (>2.9%), CERN (>2.8%), NXPI (>2.8%).
Powershares QQQ
For more information on Street One ETF market commentary and ETF trade execution/liquidity services, contact Paul Weisbruch at [email protected]
Street One Financial is an educational/research firm utilizing the Broker Dealer services of Precision Securities, a FINRA registered Broker/Dealer.