TQQQ, FLJJ: Big ETF Outflows
June 13, 2024 at 10:59 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 ProShares UltraPro QQQ, where 14,150,000 units were destroyed, or a 4.1% decrease week over week. Among the largest underlying components of TQQQ, in morning trading today Microsoft is up about 0.1%, and Apple is up by about 0.2%.