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.
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