Invesco QQQ sees $2.1 billion inflow, Amazon rises, Booking Holdings increases, Automatic Data Processing drops.

From NASDAQ.: 2024-06-25 10:51:39

Invesco QQQ saw a $2.1 billion inflow, a 0.7% increase in outstanding units. Amazon.com Inc rose 1.3%, Booking Holdings Inc saw a 1.1% increase, while Automatic Data Processing Inc dropped 0.2%. QQQ’s 52-week range is $342.35 to $486.86, with a last trade of $477.15, compared to the 200-day moving average.

ETFs like Invesco QQQ function like stocks, with investors trading “units” instead of shares. Weekly monitoring of shares outstanding data helps track notable inflows and outflows, impacting the ETF’s underlying holdings. Large flows can lead to the creation or destruction of units, influencing individual components within ETFs.

For more insights on ETF inflows, check out other ETFs with significant inflows. Also, explore Yield Charts, Institutional Holders data, and market cap history of various companies. Remember, views expressed are the author’s and may not reflect those of Nasdaq, Inc.



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