TQQQ, FLJJ: Big ETF Outflows

From Nasdaq: 2024-06-13 10:59:55

In the world of ETFs, the ProShares UltraPro QQQ experienced the biggest outflow last week, with 14,150,000 units destroyed, marking a 4.1% decrease. Microsoft and Apple, two major components of TQQQ, showed slight gains in morning trading today.

The ETF with the largest percentage decrease in units outstanding was the FLJJ ETF, which lost 125,000 units, a significant 29.4% decline compared to the previous week. This indicates a major shift in investor sentiment towards this particular ETF.



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