Invesco QQQ Trust ETF snapped six-session losing streak

The Invesco QQQ Trust ETF (NASDAQ:QQQ [https://seekingalpha.com/symbol/QQQ#hasComeFromMpArticle=false#source=section%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews]) shares snapped six straight sessions of losses, as the stock was up 1.5% at $571.85 on Friday.

The fifth-largest exchange traded fund in the world by assets under management, fell nearly 3% in the preceding six sessions. The ETF has gained 10.4% so far this year, compared to a 8.3% rise in the broader S&P 500 Index.

QQQ is up 1% over the past one month.

Looking at Seeking Alpha's Quant Rating, QQQ has a Buy rating [https://seekingalpha.com/symbol/QQQ/ratings/quant-ratings#hasComeFromMpArticle=false#source=section%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews] with a score of 3.9 out of 5. The company received A+ in the prospect of liquidity, A- in momentum, while it got C+ risk factor.

Seeking Alpha analysts are cautious [https://seekingalpha.com/symbol/QQQ/ratings/author-ratings#hasComeFromMpArticle=false#source=section%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews] and see the stock as a Hold.

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