The Invesco QQQ Trust (Symbol: QQQ) has seen an outflow of approximately $154.1 million, marking a week-over-week decrease of 0.04%, from 658,400,000 shares outstanding to 658,150,000 shares. This data highlights significant shifts in investor sentiment as of the latest trading session.
Among QQQ’s largest components, Netflix Inc (NFLX) experienced a decline of about 1%, while Vertex Pharmaceuticals, Inc. (VRTX) rose by approximately 1.3%, and Starbucks Corp. (SBUX) increased by about 0.8%. The last trade price for QQQ was $618.77, situated between its 52-week low of $402.39 and high of $637.01.
The ETF trades like a stock, with share fluctuations impacting its underlying components. Tracking the week-over-week changes in shares outstanding can provide insights into market dynamics and investor trends.
