The Invesco NASDAQ 100 ETF (QQQM) reported an outflow of approximately $172.4 million, marking a 1.3% decrease in shares outstanding from 92.22 million to 91.06 million week over week. This decrease reflects a notable shift in investor sentiment within the ETF market.
As of the last trade, QQQM’s share price stood at $148.80, which is between its 52-week range of $104.62 and $159.57. Prominent underlying components of QQQM, such as Applied Materials, Starbucks, and Intuitive Surgical, saw minor increases of 0.2%, 0.2%, and 2.6%, respectively.
