QQQ, META, NVDA, GOOGL: Large Inflows Detected at ETF

From Nasdaq:

Invesco QQQ (Symbol: QQQ) has received a $1.6 billion inflow, a 0.7% increase in outstanding units. Meta Platforms Inc (Symbol: META) is up 0.2%, NVIDIA Corp (Symbol: NVDA) is up 4.4%, and Alphabet Inc (Symbol: GOOGL) is up 0.7%. The 200 day moving average price for QQQ is $401.13. The low point is $268.97 per share.ETFs trade like stocks and units can be created or destroyed. The week-over-week change in shares outstanding data is monitored each week. Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings. To find out which other ETFs have had notable inflows and more click here. Note that the views and opinions expressed in this article do not necessarily reflect those of Nasdaq, Inc.



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