Nasdaq 100 Index Shares (Symbol: QQQ)
QQQ trade on the AMEX (AMEX: QQQ).
The Nasdaq 100 Shares (QQQ), an index tracking stock - is the first
financial product created by the new Nasdaq-Amex Market Group. Now for the first
time, the stocks of the Nasdaq-100 Index are trading as one equity, opening the
door to innovative and exciting investment opportunities. Quote for Qubes: QQQ
- With Nasdaq 100 index shares, you can buy or sell shares in
the collective performance of the Nasdaq-100 Index in a single transaction -
just as you buy or sell shares of individual stocks, but market timing becomes
easier. It's a one-investment portfolio that gives you ownership in the 100
stocks of the Nasdaq-100 Index.
- Nasdaq-100 Shares trade like stock. You can buy them on
margin, sell short or hold your shares for the long-term.
- The Trust is designed to closely track the price and yield
performance of the Index - so you can expect your Nasdaq-100 Shares to move up
or down in value when the Index moves up or down.
- Even though they've only been around since March 1999,
Qubes are so popular, their daily trading volume rivals the companies on the
New York Stock Exchange. (Today, only three companies on the Big Board traded