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Notable ETF inflow detected – QQQM, ADBE, TMUS, AMD

Notable ETF inflow detected – QQQM, ADBE, TMUS, AMD

Today, looking at the weekly changes in stock outstandings across the universe of ETFs covered at ETF Channel, the one that stands out is the Invesco NASDAQ 100 ETF (Symbol: QQQM), where we saw an inflow of approximately $294.5 million – this corresponds to an increase of 0.8%. Increase in outstanding units week over week (from 177,970,000 to 179,320,000). QQQM’s biggest underlying components in trading today include Adobe Inc (Symbol: ADBE), down about 12.4%, T-Mobile US Inc (Symbol: TMUS), down about 1.2%, and Advanced Micro Devices Inc (Symbol: AMD). is about 0.1% lower. For a full list of holdings, visit the QQQM Holdings page » The chart below shows QQQM’s one-year price performance compared to its 200-day moving average:

Invesco NASDAQ 100 ETF 200-day moving average chart

Looking at the chart above, QQQM’s low point in its 52-week range is $162.74 per share, with $218.40 as its 52-week high – compared to a recent trading of $217.21. Comparing the last stock price to the 200-day moving average can also be a useful technical analysis technique – learn more about the 200-day moving average ».


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Exchange traded funds (ETFs) trade like stocks, but instead of “stocks,” investors actually buy and sell “shares.” These “units” can trade back and forth like stocks, but can also be created or destroyed to meet investor demand. Each week we monitor the weekly change in shares outstanding data to look for ETFs that are seeing significant inflows (lots of new units being created) or outflows (lots of old units being destroyed). Creating new units means that the underlying holdings of the ETF must be purchased, while destroying units requires selling the underlying holdings, so large inflows can also impact the individual components contained in ETFs.

Click here to find out which 9 other ETFs saw significant inflows »

See also:

• Latest 13F filings
• ORC videos
• Institutional owners of Idexx Laboratories

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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