Invesco QQQ ETF Experiences $2.3 Billion Outflow
The Invesco QQQ ETF (Symbol: QQQ) reported a $2.3 billion outflow this week, marking a 0.7% decrease in shares outstanding, which fell from 644,450,000 to 640,050,000. The change reflects significant market movements within the ETF.
As for key components, Automatic Data Processing Inc. (ADP) saw a minor increase of 0.1%, while MercadoLibre Inc. (MELI) and KLA Corp (KLAC) both experienced declines of 0.2% today. Currently, QQQ’s share price stands at $531.90, with a 52-week range of $402.39 to $540.81.
