Significant ETF Withdrawals Observed: CQQQ, TME, JOYY, ATHM

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The Invesco China Technology ETF (CQQQ) experienced a significant week-over-week outflow of approximately $124.9 million, translating to a 4.4% decrease in shares outstanding, from 62 million to 59.3 million units. This movement was noted in the trading week ending today.

The current share price of CQQQ stands at $47.01, within a 52-week range of $44.295 to $61.20. In trading today, some of its largest components, including Tencent Music Entertainment Group (TME), JOYY Inc (JOYY), and Autohome Inc (ATHM), saw marginal increases of 0.5%, 0.2%, and 0.7%, respectively.

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