The Invesco NASDAQ 100 ETF (QQQM) has experienced a significant inflow of approximately $915 million, marking a 1.3% week-over-week increase in outstanding units, which rose from 279,030,000 to 282,610,000. This inflow was recorded on [insert date], highlighting growing investor interest in the fund.
QQQM’s current share price is $256.55, with its 52-week range spanning from a low of $165.72 to a high of $262.23. Notably, key holdings within QQQM include Applied Materials, Inc. (AMAT), which rose by 0.5%, Shopify Inc. (SHOP), which declined by 0.9%, and Applovin Corp (APP), a decrease of 0.2%.
ETFs like QQQM offer investors a way to trade units similar to stocks, with adjustments made based on investor demand. Monitoring changes in outstanding shares is essential for understanding market movements in the underlying assets.
