Large inflows detected in QQQM ETF, with gains seen in AVGO and TMUS components.

From Nasdaq: 2024-10-08 10:55:57

The Invesco NASDAQ 100 ETF (QQQM) saw a $353.2 million inflow, increasing outstanding units by 1.1% to 168,670,000. Top components like Broadcom Inc (AVGO) and T-Mobile US Inc (TMUS) also saw gains. QQQM’s one-year performance versus its 200-day moving average is illustrated below.

ETFs like QQQM trade as units on exchanges, similar to stocks. Weekly monitoring of shares outstanding data helps identify inflows and outflows, impacting underlying holdings. Visit the link to discover other ETFs with notable inflows and learn about trading moves.

For more stock insights:
– Check out Catalent MACD
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*The opinions expressed are solely those of the author.



Read more at Nasdaq: QQQM, AVGO, AMD, TMUS: Large Inflows Detected at ETF