Invesco QQQ ETF sees $3.4 billion inflow, top components like Tesla, Costco, and Cisco decline slightly.

From Nasdaq: 2024-12-03 10:48:39

Invesco QQQ ETF experienced a $3.4 billion inflow, a 1.1% increase in outstanding units. Top components like Tesla, Costco, and Cisco saw slight declines in trading. The one-year price performance chart shows QQQ’s range from $382.66 to $516.26. ETFs trade like stocks, with units created or destroyed based on investor demand.

Monitoring ETF shares outstanding data can reveal notable inflows or outflows impacting underlying holdings. Check out 9 other ETFs with significant inflows. Hedge funds are selling 10 components, while the top ten are holding TMNG. Institutional holders of XXCH also play a key role in ETF dynamics.



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