Noteworthy inflows in QQQM ETF with increased units; Apple, Microsoft, and NVIDIA had varied performance.

From Nasdaq: 2024-07-29 10:55:07

The Invesco NASDAQ 100 ETF (QQQM) saw a $403.9 million inflow last week, with outstanding units increasing by 1.4%. Key components like Apple, Microsoft, and NVIDIA had varied performance. QQQM’s one-year price performance versus its 200-day moving average is highlighted, offering insights for technical analysis.

ETFs, trading like stocks, involve buying and selling units that can be created or destroyed based on investor demand. Weekly monitoring of shares outstanding data helps track inflows and outflows, which impact underlying holdings. Discover 9 other ETFs with notable inflows and understand how large flows can affect individual components held within ETFs.



Read more at Nasdaq: Noteworthy ETF Inflows: QQQM, AAPL, MSFT, NVDA