Invesco NASDAQ 100 ETF Sees Significant Inflows: A Closer Look at QQQM
Notable Week-Over-Week Changes Reveal Strong Investor Interest
Recent analysis from ETF Channel highlights the Invesco NASDAQ 100 ETF (Symbol: QQQM) as a major player in the exchange-traded fund (ETF) market. This week, QQQM experienced an impressive inflow of approximately $1.9 billion, marking a 4.7% rise in outstanding units—from 185,280,000 to 194,060,000. Among QQQM’s top holdings, Intuitive Surgical Inc (Symbol: ISRG) has seen a decline of about 4.7%, while Linde PLC (Symbol: LIN) increased by 0.1%, and PepsiCo Inc (Symbol: PEP) remained relatively stable. For a full list of holdings, check out the QQQM Holdings page »
The chart below illustrates QQQM’s performance over the past year compared to its 200-day moving average:
Taking a closer look at QQQM, its 52-week low stands at $169.96 per share, with a high of $221.92, compared to its latest trading price of $218.94. Analyzing this price in relation to the 200-day moving average can help in making informed investment decisions—learn more about the 200-day moving average ».
Exchange-traded funds, or ETFs, function similarly to stocks; however, investors trade “units” rather than shares. These units can be created or destroyed to meet market demand. Each week, we track changes in shares outstanding to identify ETFs experiencing significant inflows or outflows. The creation of new units requires purchasing the ETF’s underlying assets, while the destruction of units involves selling them. Thus, substantial changes can influence the individual holdings within ETFs.
Discover which nine other ETFs are attracting notable inflows »
Also see:
- TCI YTD Return
- ETFs Holding RBA
- Top Ten Hedge Funds Holding TST
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
