Significant outflows reported for QQQ, TSLA, COST, BKNG ETFs

From Nasdaq: 2024-10-31 10:49:29

Invesco QQQ (QQQ) experienced a $397.2 million outflow, a 0.1% decrease in shares outstanding. Major components like Tesla, Costco, and Booking Holdings saw fluctuations in trading. QQQ’s one-year price performance compared to its 200-day moving average is shown in a chart. ETFs trade like stocks, with units bought and sold based on investor demand.

Monitoring ETF shares outstanding changes can reveal notable inflows or outflows impacting underlying holdings. Creation of new units involves purchasing assets, while destruction involves selling assets. Check out which other ETFs experienced significant outflows recently. Explore more financial news and insights on dividend stocks and institutional holders through related links provided.



Read more at Nasdaq: Noteworthy ETF Outflows: QQQ, TSLA, COST, BKNG