SPY Leads in Inflows, QQQ Leads in Outflows: ETF Fund Flows as of July 10, 2024
According to data from Yahoo Finance, the SPY ETF saw the highest inflows while the QQQ ETF experienced the most outflows as of July 10, 2024. This indicates that investors are currently showing more interest in the SPY ETF compared to the QQQ ETF.
The SPY ETF, which tracks the performance of the S&P 500 index, attracted a significant amount of investor capital during this period. On the other hand, the QQQ ETF, which tracks the performance of the Nasdaq 100 index, saw more money being pulled out by investors.
These fund flow trends provide valuable insights into investor sentiment and preferences in the market. It is important for investors to stay informed about such data in order to make informed decisions about their investment strategies.
Overall, the SPY ETF led in inflows while the QQQ ETF topped in outflows as of July 10, 2024.