Direxion Daily Concentrated Qs Bull 2X SharesQQQU
QQQU
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
15.39% less ownership
Funds ownership: 27.29% [Q2] → 11.9% (-15.39%) [Q3]
26% less capital invested
Capital invested by funds: $2.82M [Q2] → $2.09M (-$729K) [Q3]
43% less funds holding
Funds holding: 7 [Q2] → 4 (-3) [Q3]
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Research analyst outlook
We haven’t received any recent analyst ratings for QQQU.
Financial journalist opinion
Positive
Benzinga
1 week ago
A Tech Renaissance Could Offer Enticing Opportunities In Direxion's QQQU, QQQD ETFs
Late last month, JPMorgan analysts stated that with other global regions struggling with various challenges, the U.S. will likely remain the global growth leader. Much of this bold assertion centers on artificial intelligence.
Negative
ETF Trends
1 month ago
Q3 Earnings for the Magnificent 7: Traders Beware
Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.
Negative
ETF Trends
3 months ago
Direxion's Ed Egilinsky Talks Small-Caps, Growth & More
Following market uncertainty in August, investors may feel compelled to reassess their portfolio allocations. With potential rate cuts from the Federal Reserve on the horizon, now may be a good time to diversify your portfolio and seek growth strategies.
Neutral
ETF Trends
4 months ago
Earnings Preview: Magnificent 7 Quarterly Results on Tap
Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.
Positive
Zacks Investment Research
5 months ago
5 Leveraged ETFs That Have Gained in Double Digits in June
Wall Street has been on a solid rally in June, buoyed by the continued artificial intelligence (AI) boom. In the month, the Nasdaq and S&P 500 have risen nearly 6.7% and 4.7%, respectively, while the Dow has gained 2.8%.
Positive
Zacks Investment Research
5 months ago
5 Best Leveraged ETFs of the Second Quarter of 2024
The second quarter proved to be a banner quarter for Wall Street, with the S&P 500 and the Nasdaq Composite Index scaling new record highs on several occasions.
Positive
ETF Trends
8 months ago
Nvidia Bulls Aren't Backing Off the Stock Just Yet
Investors might be feeling hesitant to jump on Nvidia's stock given its strong run. But some market experts think it's not too late to jump on the bandwagon.
Positive
ETF Trends
9 months ago
Certain ‘Magnificent Seven' Stocks Still Flashing Bullish Signs
The broad stock market is taking a breather from its rally. That means the “Magnificent Seven” stocks are also catching their breath after a strong rally that started late in 2023.
Positive
ETF Trends
9 months ago
Direxion Adds Bull/Bear Magnificent Seven ETFs
On Thursday, Direxion released two new ETFs, the Direxion Daily Concentrated Qs Bull 2X Shares (NYSE Arca: QQQU) and the Direxion Daily Concentrated Qs Bear 1X Shares (NYSE Arca: QQQD). Both funds track the Indxx Front of the Q Index but go about it in vastly different ways.
Charts implemented using Lightweight Charts™