QQQ: An ETF for Investors to Overweight Technology

ETF Trends publisher Tom Lydon discussed the PowerShares QQQ ETF (QQQ) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show.

Better-than-expected Q1 earnings out of tech giants have helped fuel QQQ’s rally; Bets on tax cuts from Trump administration also helped major indices surge.

QQQ’s top holdings include Apple 11.8%, Microsoft 8.2%, Amazon 6.8%, Facebook 5.4%, Alphabet 4.7%, Googl 4.1%, Comcast 2.9%, Intel 2.8%, Cisco 2.6% and Amgen 1.9%.

Click here to listen to the podcast.