Invesco NASDAQ 100 ETF (QQQM) saw a $283.6 million dollar inflow, with slight declines in top components

From Nasdaq: 2024-07-11 10:49:06

Invesco NASDAQ 100 ETF (QQQM) saw a $283.6 million dollar inflow, a 0.9% increase in outstanding units. Top components Amazon (AMZN), T-Mobile US (TMUS), Booking Holdings (BKNG) experienced slight declines. QQQM’s one-year price performance chart compared to its 200-day moving average shows a range of $140.84 to $207.24.

ETFs trade like stocks, with investors buying and selling “units” that can be created or destroyed based on demand. Weekly monitoring of shares outstanding data tracks significant inflows (new units created) or outflows (old units destroyed), impacting underlying holdings. Check out other ETFs with notable inflows and outflows.



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