Notable ETF Outflow Detected – QQQ, AMZN, META, COST
From Nasdaq:
Invesco QQQ ETF experienced a $635.2 million outflow last week, marking a 0.3% decrease. Major components such as Amazon, Meta Platforms, and Costco are showing mixed trends. QQQ’s one year price performance shows a low point of $281.18 and a high point of $428.05. ETFs trade like stocks and are monitored for inflows and outflows – inflows mean new units are created, while outflows mean old units are destroyed. For more information on ETFs with notable outflows, click the link here.
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