QUICK SPARK: $3.8B SPY Exodus Meets $3.7B QQQ Inflow in One Day
QQQ attracted $3.67 billion in ETF inflows while SPY saw $3.82 billion in outflows, as semiconductor ETFs also drew strong investor demand.
Some investors moved money away from SPY (which tracks big companies) and into QQQ (which tracks tech and growth companies) in one day. This might mean people are feeling more hopeful about technology and faster-growing businesses right now.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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