What does PXQ mean in NYSE SYMBOLS
The PowerShares Dynamic Networking Exchange Traded Fund (PXQ) is an exchange-traded fund that tracks the performance of the S&P Networking Sub-Industry Index, which consists of companies from the communications and networking industries.
PXQ meaning in NYSE Symbols in Business
PXQ mostly used in an acronym NYSE Symbols in Category Business that means PowerShares Dynamic Networking Exchange Traded Fund
Shorthand: PXQ,
Full Form: PowerShares Dynamic Networking Exchange Traded Fund
For more information of "PowerShares Dynamic Networking Exchange Traded Fund", see the section below.
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Essential Questions and Answers on PowerShares Dynamic Networking Exchange Traded Fund in "BUSINESS»NYSESYMBOLS"
What is PXQ?
PXQ stands for PowerShares Dynamic Networking Exchange Traded Fund, an exchange-traded fund that tracks the performance of the S&P Networking Sub-Industry Index.
How does the PXQ ETF work?
The PowerShares Dynamic Networking Exchange Traded Fund seeks to match or outperform a benchmark index by investing in other securities. It replicates the returns of its underlying index by investing in all or a representative sample of securities in its Index.
What are some of the risks associated with investing in PXQ?
As with all investments, there are certain risks involved when investing in PXQ. These include market risk due to changes in security prices, tracking error risk which could occur if the ETF fails to track its target index, and liquidity risk from potentially low trading volumes around certain securities.
Is PXQ suitable for my portfolio?
Investment suitability depends on various factors such as investment objectives, tolerance for risk and financial situation. Investors should review these carefully before deciding whether investing in PowerShares Dynamic Networking Exchange Traded Fund is suitable for them.
Final Words:
Investing in PowerShares Dynamic Networking Exchange Traded Fund (PXQ) involves certain risks and requires investors to assess their own financial situation before determining whether it's suitable for them. With thorough research and analysis of their specific goals, investors can decide if this ETF would be beneficial to their portfolio or not.