ProShares UltraPro QQQ (TQQQ) saw a $455.2 million outflow, a 1.5% decrease week over week. Netflix Inc (NFLX) dropped 1.8%, while Costco Wholesale Corp (COST) rose 0.3% and Cisco Systems Inc (CSCO) increased by 1.2%. TQQQ’s 52-week range is $35 to $121.37, with a last trade of $117.64.

ETFs trade like stocks, with investors buying and selling units. Weekly monitoring of shares outstanding data helps track inflows and outflows affecting ETF holdings. Creation of new units means buying underlying holdings, while destruction involves selling them. Check out which other ETFs experienced notable outflows.

For more stock insights:
– BDCs Hedge Funds Are Buying
– BUCK Options Chain
– Top Ten Hedge Funds Holding GSBC
The views expressed are of the author and not necessarily Nasdaq, Inc.

Read more at Nasdaq: TQQQ, NFLX, COST, CSCO: Large Outflows Detected at ETF