Invesco QQQ ETF sees $3.6 billion inflow, Meta down 0.7%, Tesla down 1%, Costco up 0.9%.

From Nasdaq: 2024-10-23 11:09:14

The Invesco QQQ ETF saw a $3.6 billion inflow in outstanding units, a 1.2% increase week over week. Meta Platforms Inc. was down 0.7%, Tesla Inc. down 1%, and Costco Wholesale Corp up 0.9% in trading. QQQ’s 52-week range was $342.35 to $503.52, with the last trade at $493.06.

ETFs trade like stocks with units that can be created or destroyed based on investor demand. Changes in shares outstanding data can signal inflows or outflows, impacting the ETF’s underlying holdings. Monitoring these changes can reveal trends in investor activity and potential impacts on individual components within the ETF. Click to find out other ETFs with notable inflows.



Read more at Nasdaq: Noteworthy ETF Inflows: QQQ, META, TSLA, COST