Significant outflows from AIQ ETF, impacting major components CRM, BABA, UBER
From Nasdaq: 2025-02-11 10:54:52
The Global X Artificial Intelligence & Technology ETF (AIQ) experienced a $257.1 million dollar outflow, a 7.7% decrease week over week. Major components include Salesforce Inc (CRM), Alibaba Group Holding Ltd (BABA), and Uber Technologies Inc (UBER). AIQ’s 52-week range is $30.85 to $41.6455. ETFs trade like stocks, with units bought and sold based on investor demand.
Investors can monitor ETF inflows and outflows to track changes in underlying holdings. Large flows can impact individual components within ETFs. Visit ETF Channel to see which other ETFs experienced notable outflows. Check out top stocks held by Jeremy Grantham and other related articles. The views expressed are those of the author and not necessarily Nasdaq, Inc.
Read more at Nasdaq: Noteworthy ETF Outflows: AIQ, CRM, BABA, UBER