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Prominent investment fund managers loaded up on Apple before the iPhone maker's worst quarter in a y



Among other institutions selling 100% of their Pfizer stock during the quarter was Sanders Capital. The Florida-based hedge fund unloaded its 12.2 million PFE shares in Q1. Unlike Coatue, Sanders Capital first acquired Pfizer shares in Q4 2015, paying an average price of $33.24 per share.




Prominent investment fund managers loaded up on Apple before recent share price decline




Load funds: A mutual fund's sales load (also known as a sales charge) is a fee charged on the purchase or sale of fund shares. The fee is charged as a percentage of the fund's offering price (price to buy shares). For higher investment amounts, some funds offer sales load breakpoints. See Share Classes section above for more information.


Back-end load (contingent deferred sales charge): A back-end load or contingent deferred sales charge is an alternative to the traditional front-end sales charge in that it is only deducted when you sell your shares in the fund. Many back-end load structures are progressive, meaning that you might pay a 5.75% charge if your shares are redeemed within one year of the purchase date, a rate that would decline by a percentage point each year thereafter. These loads are normally applied to the lesser of original share price or current market value. The total 12b-1 fee is usually higher for share classes with back-end loads than share classes with front-end loads.


Stock holdings in the QQQ ETF include 100 of the biggest companies in the Nasdaq, which tend to be tech giants such as Apple, Amazon, Google, and Meta. The top 10 stocks in the portfolio make up over half of its total holdings."}},"@type": "Question","name": "Is QQQ a Good ETF to Buy?","acceptedAnswer": "@type": "Answer","text": "The QQQ ETF is an excellent buy for frequent bullish traders because of its liquidity and superior performance in bull markets. On the other hand, active traders should be aware that QQQ can lose more than the S&P 500 when it goes down. The QQQ ETF offers buy-and-hold investors low expenses and long-term growth potential with enough diversification to avoid the risks of betting on one company. On the downside, long-term investors in QQQ must deal with sector risk, possible overvaluation, and the absence of small caps. Overall, QQQ can be a good long-term investment as part of a larger portfolio.","@type": "Question","name": "Does QQQ Pay a Dividend?","acceptedAnswer": "@type": "Answer","text": "Yes, the QQQ has quarterly dividend distributions, with an SEC yield of 0.68% as of Sept. 30, 2022.","@type": "Question","name": "Is QQQ the Best Nasdaq ETF?","acceptedAnswer": "@type": "Answer","text": "Finding the best ETF depends on your specific investment goals. QQQ is one of the best choices for active traders who are bullish on large technology companies. It is also one of the most popular Nasdaq-tracking ETFs, although several others also exist."]}]}] EducationGeneralDictionaryEconomicsCorporate FinanceRoth IRAStocksMutual FundsETFs401(k)Investing/TradingInvesting EssentialsFundamental AnalysisPortfolio ManagementTrading EssentialsTechnical AnalysisRisk ManagementNewsCompany NewsMarkets NewsCryptocurrency NewsPersonal Finance NewsEconomic NewsGovernment NewsSimulatorYour MoneyPersonal FinanceWealth ManagementBudgeting/SavingBankingCredit CardsHome OwnershipRetirement PlanningTaxesInsuranceReviews & RatingsBest Online BrokersBest Savings AccountsBest Home WarrantiesBest Credit CardsBest Personal LoansBest Student LoansBest Life InsuranceBest Auto InsuranceAdvisorsYour PracticePractice ManagementFinancial Advisor CareersInvestopedia 100Wealth ManagementPortfolio ConstructionFinancial PlanningAcademyPopular CoursesInvesting for BeginnersBecome a Day TraderTrading for BeginnersTechnical AnalysisCourses by TopicAll CoursesTrading CoursesInvesting CoursesFinancial Professional CoursesSubmitTable of ContentsExpandTable of ContentsWhat Is the Invesco QQQ ETF?QQQ ETF SectorsQQQ ETF Top HoldingsQQQ Dividend HistoryQQQ Pros and ConsQQQ PerformanceQQQ ETF FAQsThe Bottom LineETFsTop ETFsQQQ ETF Risks and RewardsByEmily NorrisFull BioEmily Norris is the managing editor of Traders Reserve; she has 10+ years of experience in financial publishing and editing and is an expert on business, personal finance, and trading.Learn about our editorial policiesUpdated September 28, 2022Reviewed byJulius MansaFact checked byPatrice WilliamsThe Invesco QQQ ETF is an exchange-traded fund (ETF) that tracks the Nasdaq 100 Index. Because it passively follows the index, the QQQ share price goes up and down along with the tech-heavy Nasdaq 100.


Four of the five US tech giants make up the top 10: Microsoft, Alphabet, Apple and Amazon. Also winning favour among these top fund managers is Tesla, considered a tech company by some rather than a metal-bashing car manufacturer, despite a cataclysmic share price decline over the past year.


The information contained herein is intended only for use by Hong Kong residents. By using this information, you are representing and warranting that you are either residing in Hong Kong or the applicable laws and regulations of your jurisdiction allow you to access the information, and you confirm that you accept the Terms of Use as set out in Investment involves risk. Past performance is not indicative of future performance. In particular, funds which are invested in emerging markets and smaller companies may involve a higher degree of risk and are usually more sensitive to price movements. Investors should carefully read and consider the fund offering document(s), which contain details on investment objectives, risk factors, charges and expenses of the fund, before making any investment decisions. Investors should read carefully the fund notes before making any investment decisions. Information in this website does not constitute investment advice, or an offer to sell, or a solicitation of an offer to buy any security, investment product or service, nor a distribution of information for any such purpose. Opinions and statements of financial market trends set out are for information purposes only, based on certain assumptions and current market conditions and are subject to change without prior notice. Investors should conduct their own verification. The views and strategies described may not be suitable for all investors. This website and the advertisements contained herein are issued by JPMorgan Funds (Asia) Limited. This website has not been reviewed by the Securities and Futures Commission of Hong Kong ("SFC"), with the exception of material relating to the JPMorgan Provident Plan that the SFC has pre-approved (however such pre-approval does not imply official recommendation by the SFC). 2ff7e9595c


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