“Significant Inflows Recorded in PGX and QQQU ETFs”

Avatar photo

ETF Inflows Surge: Invesco Preferred ETF Leads the Way

Major Unit Increases Highlight Growth in the ETF Sector

Comparing units outstanding from last week among the ETFs tracked by ETF Channel reveals significant movement in the market. The Invesco Preferred ETF saw the largest inflow, adding 7,400,000 units, which represents a 2.0% increase from the previous week.

On a percentage basis, the standout performer was the Direxion Daily Concentrated QS Bull 2x Shares, which increased its outstanding units by 400,000—a remarkable rise of 37.2%. In the realm of notable assets in QQQU, morning trading showed Tesla’s stock up about 1.5%, while Nvidia’s stock remained relatively stable.

PGX, QQQU: Big ETF InflowsVIDEO: PGX, QQQU: Big ETF Inflows

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The free Daily Market Overview 250k traders and investors are reading

Read Now