A large and actively traded fund that tracks the Nasdaq-100 index has soared in November, heading for its biggest monthly surge since last summer as technology-related stocks surge, according to FactSet data.
Shares of the popular Invesco QQQ Trust Series I QQQ, an exchange-traded fund with $222 billion of assets under management, is up around 11% this month through Wednesday. With just one more trading day left in November, the ETF is on pace for its largest monthly gain of 2023 and potentially the largest since July 2022,…
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