QQQ, JULT: Big ETF Outflows
September 09, 2024 at 10:51 AM EDT
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Invesco QQQ, where 6,550,000 units were destroyed, or a 1.1% decrease week over week. Among the largest underlying components of QQQ, in morning trading today Apple is down about 0.9%, and Microsoft is up by about 0.7%.
