Ken Griffin is a billionaire investor best known for founding the hedge fund Citadel Advisors. Although it owns a number of individual stocks across industry sectors, the fund also takes positions in more passive vehicles. The last quarter, Citadelle purchased 2,822,010 shares of the Invesco QQQ Trust (NASDAQ:QQQ) exchange traded fund (ETFs) — increasing its stake by 584%.

Below, I’ll explore what makes Invesco QQQ Trust such an attractive opportunity for long-term investors, and detail some tailwinds that could bring even greater gains to the fund.

Invesco QQQ Trust at a glance

One of the biggest benefits of owning ETFs is that they provide access to a large basket of stocks, helping investors build a portfolio of assets. diversified portfolio. Additionally, ETFs often track specific market themes or indices, providing exposure to emerging opportunities without requiring positions in individual companies.

The Invesco QQQ Trust is modeled after the Nasdaq-100 Index. The fund holds shares in several of the world’s largest companies, including Apple, Microsoft, Nvidia, Broadcom, Metaplatforms, Costco, Tesla, AmazonAnd Alphabet.

Image source: Getty Images.

How has the ETF performed over the long term?

Nearly 60% of Invesco QQQ’s holdings are technology stocks, and another 18% are concentrated in consumer discretionary companies. The remaining positions are spread across other sectors such as healthcare, telecommunications, utilities, industrials, real estate, energy and consumer staples.

In the chart below, I compared Invesco QQQ to a set of other top ETFs, particularly those that track the market. S&P500.

QQQ data by Y charts.

Over the past 10 years, Invesco QQQ has been a multibagger for patient investors and has largely dominated the market as a whole.

Of course, much of these gains come from the fact that Invesco QQQ is a much more concentrated vehicle than the S&P 500. Nasdaq-100 is comprised primarily of growth stocks in emerging market trends such as artificial intelligence (AI), e-commerce, semiconductors, cybersecurity and enterprise software.

Is now a good time to buy Invesco QQQ Trust?

One thing to remember about ETFs is that you have to pay a management fee called management fees. spending rate. According to Invesco QQQ’s fact sheet, the fund has a modest expense ratio of 0.20%.

I think what makes Invesco QQQ so attractive is its exposure to many high-growth sectors while simultaneously owning some of the most influential players in those sectors. In other words, I don’t view the Nasdaq-100 as an index of many (if any) speculative companies. Rather, the index brings together some of the largest and most established companies operating across multiple markets.

Additionally, the fund has a proven track record of success over a long-term horizon. Right now, I see two favorable factors that could help position Invesco QQQ for a new wave of growth, as it appears to continue to outperform the broader market.

First, as the macroeconomic situation continues to show signs of improvement, I believe consumer discretionary stocks will begin to see new life. Second, the Nasdaq-100 looks particularly lucrative given that AI is expected to continue making waves within and beyond the technology sector in the years to come.

For these reasons, I believe Invesco QQQ is well-positioned to achieve even greater gains, and I view this as an ideal time to follow Citadel’s lead and invest in the ETF.

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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Randi Zuckerberg, former director of market development and spokesperson for Facebook and sister of Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool’s board of directors. Adam Spatacco holds positions in Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla. The Motley Fool holds positions in and recommends Alphabet, Amazon, Apple, Costco Wholesale, Meta Platforms, Microsoft, Nvidia, Tesla, and Vanguard S&P 500 ETF. The Motley Fool recommends Broadcom and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.