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TQQQ, HON, ADP, PANW: ETF Outflow Alert

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Wanting right this moment at week-over-week shares excellent modifications among the many universe of ETFs coated at ETF Channel, one standout is the ProShares UltraPro QQQ (Image: TQQQ) the place we now have detected an approximate $219.8 million greenback outflow — that is a 0.8% lower week over week (from 311,350,000 to 308,750,000). Among the many largest underlying elements of TQQQ, in buying and selling right this moment Honeywell Worldwide Inc (Image: HON) is down about 0.7%, Automated Information Processing Inc. (Image: ADP) is buying and selling flat, and Palo Alto Networks, Inc (Image: PANW) is increased by about 1.3%. For a complete list of holdings, visit the TQQQ Holdings page »

The chart beneath reveals the one 12 months value efficiency of TQQQ, versus its 200 day shifting common:

Wanting on the chart above, TQQQ’s low level in its 52 week vary is $48.80 per share, with $93.7892 because the 52 week excessive level — that compares with a final commerce of $88.00. Evaluating the newest share value to the 200 day shifting common can be a helpful technical evaluation method — learn more about the 200 day moving average ».

Alternate traded funds (ETFs) commerce identical to shares, however as a substitute of ”shares” buyers are literally shopping for and promoting ”models”. These ”models” may be traded forwards and backwards identical to shares, however can 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 models created) or outflows (many aged models destroyed). Creation of latest models will imply the underlying holdings of the ETF have to be bought, whereas destruction of models entails promoting underlying holdings, so massive flows may also influence the person elements held inside ETFs.

Click here to find out which 9 other ETFs experienced notable outflows »

Additionally see:

• COST Historical Stock Prices
• NBH Historical Stock Prices
• Top Ten Hedge Funds Holding WEN

The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.

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