The Invesco QQQ Trust (QQQ) experienced a $154.1 million outflow last week, with Netflix down 1%, Vertex Pharmaceuticals up 1.3%, and Starbucks higher by 0.8%. QQQ’s 52-week range is $402.39 to $637.01, currently trading at $618.77. ETFs trade like stocks, with units that can be created or destroyed based on investor demand. Monitoring shares outstanding can signal inflows or outflows affecting the ETF’s underlying holdings. Check out which other ETFs saw notable outflows last week.
Read more at Nasdaq: QQQ, NFLX, VRTX, SBUX: Large Outflows Detected at ETF
