Trying at this time at week-over-week shares excellent adjustments among the many universe of ETFs lined at ETF Channel, one standout is the Invesco NASDAQ 100 ETF (Image: QQQM) the place we’ve detected an approximate $1.9 billion greenback influx — that is a 4.7% improve week over week in excellent items (from 185,280,000 to 194,060,000). Among the many largest underlying elements of QQQM, in buying and selling at this time Intuitive Surgical Inc (Image: ISRG) is down about 4.7%, Linde PLC (Image: LIN) is up about 0.1%, and PepsiCo Inc (Image: PEP) is comparatively unchanged. For a complete list of holdings, visit the QQQM Holdings page »
The chart under reveals the one yr worth efficiency of QQQM, versus its 200 day transferring common:
Trying on the chart above, QQQM’s low level in its 52 week vary is $169.96 per share, with $221.92 because the 52 week excessive level — that compares with a final commerce of $218.94. Evaluating the newest share worth to the 200 day transferring common will also be a helpful technical evaluation method — learn more about the 200 day moving average ».
Change traded funds (ETFs) commerce identical to shares, however as an alternative of ”shares” buyers are literally shopping for and promoting ”items”. These ”items” might be traded backwards and forwards identical to shares, however will also be created or destroyed to accommodate investor demand. Every week we monitor the week-over-week change in shares excellent information, to maintain a lookout for these ETFs experiencing notable inflows (many new items created) or outflows (many elderly items destroyed). Creation of recent items will imply the underlying holdings of the ETF have to be bought, whereas destruction of items includes promoting underlying holdings, so giant flows may influence the person elements held inside ETFs.
Click here to find out which 9 other ETFs had notable inflows »
Additionally see:
TCI YTD Return
ETFs Holding RBA
Top Ten Hedge Funds Holding TST
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.
