The Invesco NASDAQ 100 ETF (QQQM) experienced a significant inflow of approximately $909.4 million, reflecting a 1.7% increase in outstanding units, rising from 231,810,000 to 235,810,000 week over week.
As of the last trade, QQQM was priced at $229.15, within a 52-week range of $165.72 to $229.52. Notable underlying components, such as Netflix (NFLX), Qualcomm (QCOM), and Shopify (SHOP), showed slight gains of 0.4%, 0.3%, and 0.7% respectively.
This inflow indicates increased investor demand and may lead to adjustments in the ETF’s underlying holdings.