TQQQ, SMN: Big ETF Outflows
November 19, 2024 at 11:10 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 ProShares UltraPro QQQ, where 9,100,000 units were destroyed, or a 2.9% decrease week over week. Among the largest underlying components of TQQQ, in morning trading today Nvidia is up about 1.9%, and Apple is up by about 0.3%.
