QQQ, VFMV: Big ETF Outflows
December 17, 2020 at 10:49 AM EST
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 7,050,000 units were destroyed, or a 1.5% decrease week over week. Among the largest underlying components of QQQ, in morning trading today Apple is up about 0.9%, and Microsoft is lower by about 0.1%.